November 18, 2025 · Form 4 insider transaction
Ellis Clay R sold 18,819 shares of International Paper Company at $36.85 per share, a transaction worth $693.5K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 29 days after the transaction.
As part of the International Paper Company's (the "Company's") planned divestiture of its Global Cellulose Fibers business to American Industrial Partners ("AIP"), the Company liquidated International Paper common stock held in the Company stock fund of the International Paper Company Salaried Savings Plan and transitioned the resulting cash value for reinvestment in a new savings plan. This transition was an administrative step carried out as part of the broader divestment process and followed established procedures, rather than any discretionary action by eligible contributing employees in the SSP. As a consequence of this liquidation and reinvestment, there was a disposition of units of Shares attributable to Clayton R. Ellis.