Joseph R. Saab - 26 Apr 2024 Form 4 Insider Report for INTERNATIONAL PAPER CO /NEW/ (IP)

Role
SVP, GC and Corp. Secretary
Signature
/s/ Amanda M. Jenkins, attorney-in-fact for Joseph R. Saab
Issuer symbol
IP
Transactions as of
26 Apr 2024
Net transactions value
+$202,879
Form type
4
Filing time
30 Apr 2024, 16:22:49 UTC
Previous filing
14 Feb 2024
Next filing
13 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IP Common Stock 21,108 26 Apr 2024 Direct F1, F2
holding IP Common Stock 12,877 26 Apr 2024 By Plan F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IP Common Stock Units Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $202,879 +5,997 $33.83 5,997 26 Apr 2024 Common Stock 5,997 By Plan F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A routine review of the reporting person's holdings identified an understatement of 253 shares of common stock in the number of securities beneficially owned by the reporting person. The total amount beneficially owned has been adjusted to correct this inadvertent understatement.
F2 Share numbers rounded.
F3 Represents shares of International Paper common stock held through the International Paper Salaried Savings Plan. The information in this report is based on a plan statement as of April 26, 2024.
F4 The reporting person reallocated investments into the Company Common Stock Fund of the non-funded International Paper Company Deferred Compensation Savings Plan. Each common stock unit ("unit") is the economic equivalent of one share of International Paper common stock. Units settle in cash upon termination of employment or an earlier in-service date the reporting person elected. The reporting person may reallocate investments in these units to alternative investments in the future.

Remarks:

Power of Attorney on file.