Kathryn D. Sullivan - 15 Mar 2024 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Role
Director
Signature
/s/ Amy M. Beeson, Attorney-in-Fact for Dr. Sullivan
Issuer symbol
IP
Transactions as of
15 Mar 2024
Net transactions value
-$21,654
Form type
4
Filing time
18 Mar 2024, 12:57:38 UTC
Previous filing
29 Feb 2024
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Sale $21,654 -600 -1.4% $36.09 41,984 15 Mar 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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.
F2 Share numbers rounded.

Remarks:

Power of Attorney on File.