Loeffler Lance 4

What Happened
Lance Loeffler, Senior Vice President & Chief Financial Officer of International Paper (IP), had 2,703 shares withheld on April 1, 2026 to satisfy tax obligations tied to vesting RSUs. The shares were valued at $35.70 each, totaling approximately $96,497. This was a tax-withholding disposition (code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-02 (timely).
• Shares withheld/disposed: 2,703 at $35.70 per share; total value ≈ $96,497.
• Transaction code: F — shares withheld to cover tax obligations on vested awards.
• Footnotes: F1 — withholding relates to the first tranche of the 2025 Inducement Restricted Stock Unit Award granted 2025-04-01; F2 — share numbers rounded.
• Shares owned after transaction: not reported on this Form 4.
• Remarks: Power of Attorney on file.

Context
This was a routine tax-withholding event tied to RSU vesting (a form of compensation). It does not indicate a market sale or a bullish purchase signal by the insider. For retail investors, tax-withholdings are common and typically neutral regarding insider sentiment.