RAYONIER ADVANCED MATERIALS INC.·4

Mar 3, 5:23 PM ET

Rollins Jared Timothy 4

4 · RAYONIER ADVANCED MATERIALS INC. · Filed Mar 3, 2026

Research Summary

AI-generated summary of this filing

Updated

RYAM CAO Jared Rollins Exercises RSUs, 1,591 Shares Withheld for Taxes

What Happened

  • Jared Timothy Rollins, CAO & VP Corporate Controller of Rayonier Advanced Materials (RYAM), converted 5,364 restricted stock units (RSUs) into common shares on 2026-03-01. The conversion price was $0.00 (no cash paid).
  • To satisfy tax withholding, 1,591 of those shares were surrendered/disposed at $9.47 per share, totaling about $15,067. Separately, Rollins was granted 3,168 RSUs (award) on the same date.

Key Details

  • Transaction date: March 1, 2026; Form filed March 3, 2026 (timely).
  • Conversion/exercise: 5,364 RSUs converted to common stock (conversion price $0.00).
  • Tax withholding: 1,591 shares disposed at $9.47 each = $15,067 (code F).
  • Grant: 3,168 RSUs awarded (code A) at $0.00 (contingent rights to shares).
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes: F1 confirms conversion of RSUs into common stock with no cash payment; F2 notes each RSU represents the right to one share.

Context

  • This was an RSU conversion/net tax settlement rather than an open-market buy or sell. The withholding of 1,591 shares to cover taxes is a routine administrative step (similar to a cashless/net settlement) and does not necessarily indicate a change in the insider’s market view.
  • The simultaneous award of 3,168 RSUs represents future contingent compensation and is common in executive compensation plans.

Insider Transaction Report

Form 4
Period: 2026-03-01
Rollins Jared Timothy
CAO & VP, Corporate Controller
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-01+5,36420,381 total
  • Tax Payment

    Common Stock

    2026-03-01$9.47/sh1,591$15,06718,790 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2]
    2026-03-015,3640 total
    From: 2026-03-01Exp: 2026-03-01Common Stock (5,364 underlying)
  • Award

    Restricted Stock Units

    [F2]
    2026-03-01+3,1683,168 total
    From: 2029-03-01Exp: 2029-03-01Common Stock (3,168 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    4,878
Footnotes (2)
  • [F1]This transaction represents the conversion of 5,364 RSUs (Restricted Stock Units) into common stock, at a conversion price of $0.00 per share, in accordance with the terms of the RSU agreement. No monetary payment was made for the conversion.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.
Signature
Brenda K. Davis, Attorney-in-Fact|2026-03-03

Documents

1 file
  • 4
    doc4.xmlPrimary