Kathryn D. Sullivan - Feb 28, 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
Feb 28, 2024
Transactions value $
-$20,436
Form type
4
Date filed
2/29/2024, 10:17 AM
Previous filing
Feb 23, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IP Common Stock Sale -$20.4K -600 -1.39% $34.06 42.6K Feb 28, 2024 Direct F1, F2
* 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.

Remarks:

Power of Attorney on file.