Hamic William Thomas 4

What Happened

• William Hamic, Executive Vice President & President of International Paper (IP), had a total of 2,677 shares withheld to satisfy tax obligations tied to vesting restricted stock units. The filings show 1,271 shares withheld at $40.32 each ($51,247) and 1,406 shares withheld at $40.32 each ($56,690), total value about $107,937.
• This was a tax-withholding/net settlement related to RSU vesting (not an open-market sale or a new purchase).

Key Details

• Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (timely within the typical 2-business-day window).
• Price reported: $40.32 per share for both withholdings.
• Total shares withheld: 2,677; total reported value: $107,937.
• Footnotes: withholding related to the third tranche of the 2023 RSU award (F1) and the second tranche of the 2024 RSU award (F4). The filing also notes previously credited dividends/dividend equivalents included in the total reported (F2) and rounding of share counts (F3).
• Holdings after transaction: the filing excerpt provided does not state post-transaction total holdings. Plan-based holdings are noted in plan statements as of Jan 30, 2026 (F5, F6).
• Power of attorney on file (remark in filing).

Context

• These transactions are tax-withholding dispositions (transaction code F), a routine administrative action when restricted stock units vest. They do not indicate an open-market sale expressing a view on the stock.
• For retail investors, such withholdings are common and generally not a signal of insider sentiment.