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RNS Number : 5838D International Paper Company 03 April 2025
3 April 2025
International Paper Company (the "Company") - Transaction Notification
Acquisitions of Shares Through the International Paper Company Salaried
Savings Plan and the
Non-Funded International Paper Company Deferred Compensation Savings Plan
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")
Acquisitions in the Company Stock Fund of the International Paper Company
Salaried Savings Plan and the Non-Funded International Paper Company Deferred
Compensation Savings Plan
International Paper Company (NYSE: IP; LSE: IPC), a global leader in
sustainable packaging solutions, announces that on 1 April 2025, the following
transactions occurred in relation to the International Paper Company Salaried
Savings Plan (the "SSP") and the Non-Funded International Paper Company
Deferred Compensation Savings Plan (the "DCSP").
The SSP is a defined contribution retirement savings plan designed for
salaried employees of International Paper Company (the "Company"). Eligible
employees contribute a portion of their salary to the SSP through payroll
deductions that are invested in various options available within the SSP. One
such investment option is the Company Stock Fund where eligible employees may
acquire units of International Paper Company common stock, which may be
payable in shares of common stock or cash upon retirement or termination.
The DCSP is an unfunded, nonqualified defined contribution retirement savings
plan for highly compensated employees and senior management. Similar to the
SSP, eligible employees can choose to defer a portion of their salary and
bonuses to be credited to the DCSP. These notional amounts are credited with
gains and losses based on the returns of selected investments, including the
Company Stock Fund. Units allocated to the Company Stock Fund are payable in
cash upon retirement or termination.
The notifications set out below are made in accordance with the requirements
of Article 19 of the UK Market Abuse Regulation.
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with them ("PCA")
a) Name Clay R. Ellis
b) Position / status Senior Vice President - Global Cellulose Fibers
c) Initial notification / amendment Initial Notification
2. Details of the issuer
a) Name International Paper Company
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 Shares of common stock of par value $1.00 each ("Shares")
ISIN: US4601461035
b) Nature of the transaction Acquisition of units via the DCSP.
c) Price(s) and Price(s) Volumes
volume(s)
$53.65 45 units in the DCSP
d) Aggregated information 1. 45
Aggregated volume Price 2. $53.65
e) Date of the transaction 1 April 2025
f) Place of the transaction 1. Outside a trading venue
2. New York Stock Exchange
d)
Aggregated information
Aggregated volume Price
1. 45
2. $53.65
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
1. Outside a trading venue
2. New York Stock Exchange
1. Details of person discharging managerial responsibility ("PDMR") / person
closely associated with them ("PCA")
a) Name Joseph R. Saab
b) Position / status Senior Vice President, General Counsel and Corporate Secretary
c) Initial notification / amendment Initial Notification
2. Details of the issuer
a) Name International Paper Company
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 Shares of common stock of par value $1.00 each ("Shares")
ISIN: US4601461035
b) Nature of the transaction Acquisition of Shares/units via the SSP and DCSP.
c) Price(s) and Price(s) Volumes
volume(s)
$53.65 10 units in the SSP
$53.65 264 units in the DCSP
d) Aggregated information 1. 10
Aggregated volume Price 2. $53.65
3. 264
4. $53.65
e) Date of the transaction 1 April 2025
f) Place of the transaction 1. Outside a trading venue
2. New York Stock Exchange
d)
Aggregated information
Aggregated volume Price
1. 10
2. $53.65
3. 264
4. $53.65
e)
Date of the transaction
1 April 2025
f)
Place of the transaction
1. Outside a trading venue
2. New York Stock Exchange
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