Vincent Anton V. 4

What Happened

• Vincent Anton V., a director of International Paper (IP), was granted 10,203 restricted stock units (RSUs) on 2026-05-12. The filing shows an acquisition at $0.00 (award/derivative), so there is no immediate cash transaction or purchase price. The units are derivative awards that each represent one share for plan accounting purposes; they will be settled in cash after the director leaves service.

Key Details

• Transaction date: 2026-05-12; Form 4 filed: 2026-05-14 (filed within required window, not late).
• Transaction type/code: Award/Grant (A) of 10,203 RSUs at $0.00; indicated total value at grant = $0 (derivative instrument).
• Settlement: Units held in the Restricted Stock and Deferred Compensation Plan for Non‑Employee Directors; each unit equals one share and is settled in cash on January 1 following termination of service. (Footnote)
• Dividend equivalents: The reported total includes previously credited dividend equivalents from the Long‑Term Incentive Plan; dividends vest with the underlying award. (Footnote)
• Share counts rounded; Power of Attorney on file. The filing does not state total shares/units owned after this award.

Context

• These RSUs are director compensation and are cash‑settled deferred awards, not open‑market purchases or sales. Such grants are routine compensation for non‑employee directors and do not by themselves indicate buying or selling sentiment.