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International Paper Company announced that on March 17, 2025, three Persons Discharging Managerial Responsibilities (PDMRs) acquired shares. Non-Executive Directors Jacqueline C. Hinman and Kathryn D. Sullivan acquired 539 shares and 333 shares respectively, both at $51.90 per share, while Senior Vice President Joseph R. Saab acquired 245 shares at $52.00 per share. These acquisitions occurred on the New York Stock Exchange pursuant to a dividend reinvestment plan following the company's quarterly dividend of $0.4625 per share.
| Date | 20 Mar 2025 |
| Time | 15:19:33 |
| Category | Director/PDMR dealings |
| ID | 5506B |
20 March 2025
International Paper Company (the "Company") - Transaction Notification
PDMR Dealing
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs") IN SHARES OF COMMON STOCK OF PAR VALUE $1.00 EACH IN THE COMPANY ("Shares")
Acquisition of Shares pursuant to a dividend reinvestment plan ("DRIP")
International Paper Company (NYSE: IP; LSE: IPC), a global leader in sustainable packaging solutions, announces the following transactions occurred in the Shares following the Company's quarterly dividend of $0.4625 per Share for the period from January 1, 2025 to March 31, 2025, inclusive, payable on March 17, 2025, to holders of record of the Shares at the close of business on February 24, 2025. The Shares were acquired pursuant to a DRIP.
The notifications set out below are made in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.
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1. |
Details of person discharging managerial responsibility ("PDMR") / person closely associated with them ("PCA") |
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a) |
Name |
Jacqueline C. Hinman |
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b) |
Position / status |
Non-Executive Director |
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c) |
Initial notification / amendment |
Initial Notification |
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2. |
Details of the issuer
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a) |
Name |
International Paper Company |
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b) |
LEI |
824LMFJDH41EY779Q875 |
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3. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a) |
Description and identifier of the financial instrument |
International Paper Company shares of common stock of par value $1.00 each ("Shares")
ISIN: US4601461035 |
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b) |
Nature of the transaction |
Acquisition of Shares pursuant to a dividend reinvestment plan
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c) |
Price(s) and |
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d) |
Aggregated information Aggregated volume price |
1. 539 2. $51.90 |
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e) |
Date of the transaction |
17 March 2025 |
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f) |
Place of the transaction |
New York Stock Exchange |
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+
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1. |
Details of person discharging managerial responsibility ("PDMR") / person closely associated with them ("PCA") |
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a) |
Name |
Kathryn D. Sullivan |
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b) |
Position / status |
Non-Executive Director |
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c) |
Initial notification / amendment |
Initial Notification |
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2. |
Details of the issuer
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a) |
Name |
International Paper Company |
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b) |
LEI |
824LMFJDH41EY779Q875 |
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3. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|||||||
|
a) |
Description and identifier of the financial instrument |
International Paper Company shares of common stock of par value $1.00 each ("Shares")
ISIN: US4601461035 |
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|
b) |
Nature of the transaction |
Acquisition of Shares pursuant to a dividend reinvestment plan
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c) |
Price(s) and |
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d) |
Aggregated information Aggregated volume price |
1. 333 2. $51.90 |
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e) |
Date of the transaction |
17 March 2025 |
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f) |
Place of the transaction |
New York Stock Exchange |
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3. |
Details of person discharging managerial responsibility ("PDMR") / person closely associated with them ("PCA") |
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a) |
Name |
Joseph R. Saab |
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b) |
Position / status |
Senior Vice President, General Counsel and Corporate Secretary |
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c) |
Initial notification / amendment |
Initial Notification |
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2. |
Details of the issuer
|
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|
a) |
Name |
International Paper Company |
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|
b) |
LEI |
824LMFJDH41EY779Q875 |
||||||
|
3. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|||||||
|
a) |
Description and identifier of the financial instrument |
International Paper Company shares of common stock of par value $1.00 each ("Shares")
ISIN: US4601461035 |
||||||
|
b) |
Nature of the transaction |
Acquisition of Shares pursuant to a dividend reinvestment plan
|
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c) |
Price(s) and |
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d) |
Aggregated information Aggregated volume price |
1. 245 2. $52.00 |
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e) |
Date of the transaction |
17 March 2025 |
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f) |
Place of the transaction |
New York Stock Exchange |
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