Rollins Jared Timothy 4
4 · RAYONIER ADVANCED MATERIALS INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
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
Rollins Jared Timothy
CAO & VP, Corporate Controller
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-01+5,364→ 20,381 total - Tax Payment
Common Stock
2026-03-01$9.47/sh−1,591$15,067→ 18,790 total - Exercise/Conversion
Restricted Stock Units
[F2]2026-03-01−5,364→ 0 totalFrom: 2026-03-01Exp: 2026-03-01→ Common Stock (5,364 underlying) - Award
Restricted Stock Units
[F2]2026-03-01+3,168→ 3,168 totalFrom: 2029-03-01Exp: 2029-03-01→ Common Stock (3,168 underlying)
Holdings
- 4,878(indirect: By 401(k))
Common Stock
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