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

Role
Director
Signature
/s/ Amy M. Beeson, Attorney-in-Fact for Dr. Sullivan
Stock symbol
IP
Transactions as of
Oct 15, 2024
Transactions value $
-$28,848
Form type
4
Date filed
10/16/2024, 10:08 AM
Previous filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Sale -$28.8K -600 -1.52% $48.08 38.9K Oct 15, 2024 Direct F1, F2, F3
* 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.
F3 The total amount reported includes previously credited dividend equivalents. 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.

Remarks:

Power of Attorney on file.