Sittard Christopher W 4
4 · RAYONIER ADVANCED MATERIALS INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
RYAM VP Christopher W. Sittard Receives 3,960 RSU Award
What Happened
Christopher W. Sittard, Vice President, Sourcing at Rayonier Advanced Materials (RYAM), was granted 3,960 restricted stock units (RSUs) on March 1, 2026. The grant is reported as an award/acquisition (code A) with an acquisition price of $0.00; each RSU is a contingent right to receive one share of RYAM common stock upon settlement (per footnote).
Key Details
- Transaction date: 2026-03-01 (reported on Form 4 filed 2026-03-03).
- Instrument and amount: 3,960 restricted stock units (RSUs).
- Price reported: $0.00 (award/compensation grant, not an open-market purchase).
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: F1 — each RSU represents a contingent right to one share of RYAM common stock.
- Filing timeliness: Form 4 was filed two days after the transaction date (appears timely under the typical two-business-day requirement).
Context
RSUs are a form of equity compensation; no upfront cash was paid by the insider. Value is realized only if and when RSUs vest and are settled into shares (at which point the market price will determine their monetary value). Such grants are common for employee compensation and do not, by themselves, indicate insider buying or selling intent.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-03-01+3,960→ 3,960 totalFrom: 2029-03-01Exp: 2029-03-01→ Common Stock (3,960 underlying)
Footnotes (1)
- [F1]Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.