International Paper (IP) EVP William Hamic Sells and Acquires Shares

What Happened William Thomas Hamic, Executive Vice President & President of International Paper, on August 7, 2026 disposed of 24,500 shares in an open-market/private sale at a weighted average price of $41.20 for proceeds of $1,009,398. On the same day he acquired 24,291 derivative units/shares at $41.58 per unit, valued at $1,010,020. The sale is coded S (sale); the acquisition is coded I (discretionary/derivative) and appears related to an intra-plan transfer under a deferred compensation/company stock fund rather than an open-market purchase.

Key Details

• Transaction date: August 7, 2026 (filed Aug 10, 2026). Filing was within the Form 4 reporting window (timely).
• Sale: 24,500 shares @ $41.20 — proceeds $1,009,398. Footnote F1 notes a weighted-average price range for the 24,500-share transaction and offers to provide full details on the number of shares sold upon request.
• Acquisition: 24,291 units @ $41.58 — value $1,010,020. Footnote F4 indicates this was an intra-plan transfer into the International Paper Deferred Compensation/Company Stock Fund (not an open-market purchase); units represent shares and will be settled in cash on termination.
• Shares owned after the transactions: not specified in the provided excerpt; plan holdings are referenced in footnote F3 (statement as of Aug 6, 2026).
• Other notes: F2 indicates rounding of share numbers; power of attorney is on file.

Context The filing shows both a near-equal-value sale and an acquisition via a company plan on the same day. The acquisition was a plan/intra-plan transfer (derivative units) rather than a straightforward open-market buy, which commonly reflects deferred compensation reallocation or plan mechanics rather than a direct bullish market purchase. No assumptions about motivation should be made from these routine plan transactions.