GUSTAFSSON ANDERS 4

What Happened Anders Gustafsson, a director of International Paper (IP), made open-market purchases totaling 26,092 shares on March 11–12, 2026. He bought 12,875 shares at a weighted-average price of $38.84 (total $500,024) and 13,217 shares at a weighted-average price of $37.83 (total $500,012), for an aggregate cost of about $1,000,036. These were purchases (insider buying), which some investors view as a positive signal but do not guarantee future performance.

Key Details

• Transaction dates and prices:
  • 2026-03-11: 12,875 shares at $38.84 (weighted average; prices ranged $38.63–$38.99) — $500,024 (F2).
  • 2026-03-12: 13,217 shares at $37.83 (weighted average; prices ranged $37.545–$38.25) — $500,012 (F3).
• Total purchased: 26,092 shares for about $1,000,036.
• Shares owned after the transactions: not specified in the provided Form 4.
• Notable footnotes:
  • F1: Shares are held in a joint brokerage account with the reporting person’s spouse.
  • F2/F3: Each price is a weighted average for multiple trades; the filer will provide transaction breakdowns upon request.
  • F4: Share numbers rounded.
  • F5: References shares previously awarded for director service (not part of these purchases).
  • Remarks: Power of Attorney on file.
• Filing timeliness: Form 4 was filed on 2026-03-12 for transactions on 3/11–3/12 and appears to have been filed within the required reporting window.

Context These were standard open-market purchases (transaction code P). The weighted-average prices and footnotes indicate the buys were executed in multiple trades. Because the shares are held jointly with the spouse and the filer can provide trade-level detail on request, investors wanting exact execution detail can seek the breakdown from the company or SEC staff.