Form 4 for IP International Paper
Accepted 2024-06-18 00:00:00 ET · period of report 2024-06-14 · accession 0001127602-24-018892 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-06-18 | 2024-06-14 | IP | SULLIVAN KATHRYN D | Dir | S - Sale | $45.11 | -600 | 43.4K | -1% | -$27.1K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-14 | S | D | 600 | $45.11 | 43,402 | D | — | — | (F1) The reported sale of 600 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2023. (F3) The total amount beneficially owned has been adjusted to (i) reduce the reporting person's holdings by 1,866 shares and (ii) reflect previously credited dividend equivalents acquired on June 14, 2024. Effective for the 2024-2025 service year, the reporting person elected to receive 100 percent of her cash retainer in cash, from previously receiving 50% into shares of restricted stock. Due to an administrative error, the Company did not reflect her new election in the 2024-2025 service year grant. Dividend equivalents are acquired pursuant to a dividend investment feature of the Company's Long-Term Incentive Plan. Dividends vest at the same time as the award to which they relate. (F2) Share numbers rounded. |