International Paper Discloses Executive Acquisition in Deferred Compensation Plan
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The latest announcement is out from International Paper Co ( (IP) ).
International Paper Company reported a transaction involving its Deferred Compensation Savings Plan, an unfunded, nonqualified defined contribution program for highly compensated employees and senior management. The plan allows eligible participants to defer salary and bonuses into notional investments, including a Company Stock Fund whose units are ultimately payable in cash.
The company disclosed that Senior Vice President, General Counsel and Corporate Secretary Joseph R. Saab acquired 445 units linked to International Paper shares via the plan at a price of $33.83 per unit. The transaction, conducted on the New York Stock Exchange on June 2, 2026, underscores the ongoing use of equity-linked compensation by senior executives and aligns their financial interests with company performance for stakeholders.
More about International Paper Co
International Paper Company is a global producer of sustainable packaging solutions, focusing on fiber-based products and related services for customers worldwide. Listed on the New York Stock Exchange and the London Stock Exchange, the company serves industrial and consumer markets with a strong emphasis on responsible materials and long-term customer relationships.
For an in-depth examination of IP stock, go to TipRanks’ Overview page.
