GUSTAFSSON ANDERS 4

What Happened

• Anders Gustafsson, a director of International Paper (IP), was awarded 11,112 shares on May 12, 2026. The award was reported as an acquisition at $0.00 per share (no cash paid by the recipient). This is a grant for director service rather than an open-market purchase or sale.

Key Details

• Transaction date and filing: Awarded 2026-05-12; Form 4 filed 2026-05-14 (appears timely, within the typical two-business-day reporting window).
• Price: $0.00 per share reported (award/grant).
• Shares reported: 11,112 shares (share counts rounded per filing).
• Shares owned after transaction: Not disclosed in this Form 4.
• Vesting/restrictions: Shares become free of restrictions and non-forfeitable on the earliest of (i) May 12, 2027, (ii) death, (iii) disability, (iv) retirement, or (v) resignation with Board consent; resignation triggers pro rata reduction.
• Account/holding note: Shares are held in a joint brokerage account with the reporting person's spouse.
• Other: Power of Attorney on file.

Context

• This is a standard director compensation award and does not represent a market purchase or sale by the insider. Such grants are compensation for service and typically vest over time (or based on the conditions noted), so they don't necessarily indicate the insider buying or selling stock for personal investment reasons.