Dill Julie 4

What Happened Julie Dill, a director of Rayonier Advanced Materials, had a grant of 12,106 restricted stock units (RSUs) on May 13, 2026, and converted/ exercised derivative awards into 16,429 shares on May 14, 2026. The filing shows 16,429 shares were acquired by conversion (M) and 16,429 shares were disposed the same day. All reported acquisition and exercise prices are listed as $0.00 (typical for RSU conversion or non-cash awards).

Key Details

• Transaction dates: RSU grant (A) on 2026-05-13 (12,106 RSUs); exercise/conversion (M) and disposition on 2026-05-14 (16,429 shares acquired and 16,429 shares disposed).
• Reported prices: $0.00 for the grant and the exercise/conversion entries (the filing uses $0.00 for the derivative conversion/grant).
• Shares owned after transaction: not disclosed in the Form 4 filing.
• Footnote: F1 — Each restricted stock unit represents a contingent right to receive one share of RYAM common stock.
• Filing timeliness: Form filed 2026-05-15 for transactions on 5/13–5/14; this appears to be filed within the standard 2-business-day window (not marked late).

Context

• Derivative explanation: RSUs are awards that convert to shares when vested; the M-coded entries reflect conversion/exercise of derivative awards into common stock. The same-day acquisition and disposition of 16,429 shares means those shares were not retained in full (common when shares are sold immediately to cover taxes or for cashless settlement), but the filing does not specify the reason or sale price.
• Interpretation: Grants and scheduled conversions are often routine compensation actions for directors. Purchases are usually more informative as bullish signals; this filing records a grant/conversion and a same-day disposition rather than an outright buy.