RYAM VP Timothy Brown Receives 2,889-Unit Performance Award

What Happened

• Timothy Brown, Vice President, IT at Rayonier Advanced Materials (RYAM), was granted 2,889 Leveraged Performance Units (LPUs) on 2026-08-27. The units were reported as acquired at $0.00 (derivative award). This was a grant (transaction code A), not an open‑market purchase or sale, so there was no cash paid or received.

Key Details

• Transaction date: 2026-08-27; Form 4 filed: 2026-08-31 (appears timely under the two-business-day rule).
• Award: 2,889 LPUs reported as the target award; acquisition price shown as $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnotes: LPUs granted under the Rayonier Advanced Materials Inc. 2023 Incentive Stock Plan. Each LPU is a contingent right to one share upon vesting (F1–F2). Payout can range from 0% to 250% of the target based on company stock price performance over a three‑year performance period (F3). No tax‑withholding or 10b5‑1 plan noted.

Context

• LPUs are performance‑based, contingent awards. They are not immediate shares and may pay out as 0–250% of the target depending on results and continued employment; therefore the current award has no fixed market value until vesting/performance is determined. Such grants are common executive compensation and do not, by themselves, indicate insider buying or selling sentiment.