{"filings":[{"id":499437,"accession_number":"0001597672-26-000019","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-05-18T20:15:41+00:00","items":["5.07"],"status":"ready","headline":"RYAM shareholders elect two directors but reject board declassification and supermajority repeal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Charles R. Eggert and David C. Mariano elected to board, terms expiring 2029.","Proposal to declassify board failed: 44.0M for, 377K against, 49K abstain.","Proposal to eliminate supermajority voting provisions failed: 43.8M for, 588K against.","Advisory say-on-pay approved with 43.5M for; French Sub-Plan also approved.","Ratification of Grant Thornton as auditor for 2026 passed with 55.1M for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.15,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":442958,"accession_number":"0001597672-26-000017","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-05-14T20:17:12+00:00","items":["7.01","9.01"],"status":"ready","headline":"Julie A. Dill elected Non-Executive Chair of RYAM Board, succeeding Lisa M. Palumbo","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Effective May 14, 2026; Palumbo completed her second two-year term and remains an independent director.","Dill has served on the RYAM Board since 2018 and brings experience from energy, industrials, and infrastructure sectors.","Dill's background includes public company CEO, finance, and investor relations roles.","Appointment reflects the Board's commitment to governance, succession planning, and strategic oversight."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93975,"accession_number":"0001597672-26-000013","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM Q1 net loss $81M ($1.22/sh), adjusted EBITDA $8M; strategic review underway","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $319M, down 10% YoY from $353M; net loss $81M vs loss $32M prior year, including $41M non-cash idling charge.","Adjusted EBITDA $8M, down from $17M; adjusted free cash flow positive $12M; covenant net secured leverage 4.3x.","Permanent cessation of dissolving wood pulp production at Temiscaming plant drove $41M charge; Jesup fire impact under $5M.","Company conducting strategic review of alternatives including unsolicited indications of interest; expects FY EBITDA above 2025 and positive FCF."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":319065000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93974,"accession_number":"0001140361-26-016749","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-04-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Scott M. Sutton resigns from RYAM Board, withdraws as nominee","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Scott M. Sutton resigned from the Board of Directors on April 24, 2026.","He also withdrew as a director nominee for the 2026 Annual Meeting.","No reason for resignation was disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":93973,"accession_number":"0001140361-26-015919","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-04-21T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"RYAM CEO resigns; board launches strategic alternatives review with Morgan Stanley","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Scott M. Sutton resigned effective April 16, 2026.","Interim Office of the CEO formed: Marcus Moeltner (CFO), Michael Osborne, Christian Ribeyrolle, R. Colby Slaughter.","Company initiates strategic alternatives review to maximize shareholder value; engaged Morgan Stanley and Wachtell Lipton.","Board cites unsolicited indications of interest as catalyst for review; may pursue sale, merger, or other options.","No timetable set for completion; permanent CEO search underway with executive search firm."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106002,"accession_number":"0001597672-26-000008","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-03-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM Q4 2025 loss $21M, sales $417M; full-year Adj EBITDA $133M, negative FCF $88M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 loss from continuing ops $21M ($0.32 diluted EPS) vs loss $16M in prior year; net sales $417M, down $5M.","Full year 2025 revenue $1.5B, Adj EBITDA $133M, negative Adj free cash flow $88M.","Net secured debt $715M; covenant leverage ratio 3.9x; total debt $779M; liquidity $157M.","Cellulose Specialties sales +$6M (+2%) on price mix; Paperboard -$16M (-27%) on new U.S. capacity pressure.","CEO targets positive free cash flow in 2026 via pricing, working capital tightening, and capex reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106001,"accession_number":"0001597672-26-000006","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-01-26T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Rayonier Advanced Materials abandons Altamaha Green Energy project","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company will not advance participation in the Altamaha Green Energy project after comprehensive review.","No capital allocated to the project; portfolio evaluation continues under disciplined framework.","Ex-CSO Jeff York returns as CSO; Amy Walker transitions to consultant with $46,921/month for 12 months.","Equity awards accelerated: 2,952 time-based RSUs and 2,796 unvested RSUs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106000,"accession_number":"0001597672-26-000003","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-01-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Rayonier Advanced Materials SVP High Purity Cellulose Joshua Hicks departs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Joshua Hicks, SVP High Purity Cellulose, separated from RYAM effective Jan 11, 2026.","High Purity Cellulose organization will report directly to CEO Scott Sutton.","No replacement has been announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":105999,"accession_number":"0001140361-26-000258","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Rayonier Advanced Materials appoints Scott Sutton as CEO, effective Jan 5, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Scott Sutton, former Olin CEO, succeeds DeLyle Bloomquist who steps down as CEO and board member.","Sutton receives $1M base salary, 100% target bonus (0-200% range), and $3.3M equity grant for FY2026.","Inducement PSU award: target 750k shares, vesting based on RYAM stock price ($15 threshold, $30 target, $45 max) over 3-year performance period with 1-year holding requirement.","Bloomquist will stay as advisor until May 13, 2026, receiving continued base salary and 2025/2026 cash incentive eligibility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122293,"accession_number":"0001597672-25-000049","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-12-10T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"RYAM CEO De Lyle W. Bloomquist to retire by May 2026; board launches search","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["President and CEO De Lyle W. Bloomquist to retire by May 2026 annual meeting; will remain until successor named.","Bloomquist will not stand for re-election to the Board of Directors.","Board engaged Spencer Stuart to lead CEO search for internal and external candidates.","Bloomquist served 4 years; Chair Lisa Palumbo cited his role in advancing BioFuture vision.","No successor appointed yet; transition designed for continuity and orderly handover."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122292,"accession_number":"0001597672-25-000045","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM Q3 net loss narrows to $4M; FY2025 Adjusted EBITDA guided $135-140M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $353M (-$48M YoY); loss from cont ops $4M vs $33M loss YoY.","Adjusted EBITDA from cont ops $42M (-$9M YoY); Cellulose Specialties op income $49M.","FY2025 Adjusted EBITDA expected $135-140M including $12M environmental charge.","Q4 2025 Adjusted Free Cash Flow guided at $25-30M; idling paperboard/high-yield pulp lines.","Filed trade case against Brazilian/Norwegian HPDP; USITC affirmative injury finding."],"consensus_eps_estimate":null,"consensus_eps_actual":-6.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":1048852000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138995,"accession_number":"0001597672-25-000041","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Rayonier Advanced Materials appoints Jared Rollins as CAO, replacing Gabriela Garcia","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gabriela Garcia resigns as CAO and VP Corporate Controller effective Oct 10, 2025; no disagreement with company.","Jared Rollins appointed CAO and VP Corporate Controller effective Oct 10, 2025; previously VP Financial Planning and Analysis since 2020.","Rollins holds Master of Accounting, CPA; eligible for base salary, bonus, equity awards, and standard benefits.","No arrangements, family relationships, or related transactions requiring disclosure under SEC rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138994,"accession_number":"0001597672-25-000039","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-08-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"RYAM and USW file antidumping petitions on Brazil and Norway HPDP imports","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Petitions allege HPDP dumping margins up to 168% (Brazil) and 226% (Norway); 30 Brazilian subsidy programs cited.","USITC preliminary determination expected within 45 days; USDOC rulings to follow.","RYAM CEO: 'We are committed to defending our operations ... from unfair foreign trade practices.'","USW VP cites lost jobs at Georgia-Pacific's Foley Cellulose Plant due to unfair trade."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":138993,"accession_number":"0001597672-25-000033","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM Q2 net loss $363M on $337M DTA write-off; cuts 2025 EBITDA guidance to $150-160M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $363M ($5.44/diluted share) vs. prior-year income of $11M; includes $337M non-cash Canadian deferred tax asset write-off.","Adjusted EBITDA from continuing ops of $28M; 2025 guidance reduced to $150-160M from prior plan, citing tariffs, operational disruptions.","Net sales $340M, down 19% YoY; Cellulose Specialties volumes fell 15%, Paperboard volumes down 23%.","Idling Paperboard for 2 weeks and High-Yield Pulp for 3 weeks in Q3 to align inventory and preserve cash.","Long-term target of >$300M run-rate EBITDA by end of 2027 remains unchanged; sale process for Paperboard/HY-Pulp on hold."],"consensus_eps_estimate":null,"consensus_eps_actual":-5.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":696015000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156492,"accession_number":"0001597672-25-000016","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-05-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"RYAM shareholders elect all three director nominees, reject board declassification and supermajority elimination","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lisa M. Palumbo, Ivona Smith, and Bryan D. Yokley elected to board for terms expiring 2028.","Proposal to declassify board failed: 44.3M for, 274,927 against, 30,102 abstain.","Proposal to eliminate supermajority voting provisions failed: 44.2M for, 462,741 against.","Advisory vote on executive compensation approved: 43.8M for, 838,681 against.","Ratification of Grant Thornton as auditor for 2025 passed: 55.0M for, 474,954 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156491,"accession_number":"0001597672-25-000011","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM reports Q1 net loss $32M; lowers FY 2025 Adj. EBITDA guidance to $175-185M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $32M ($0.49/diluted share) vs net loss $2M prior year; revenue $356M down 8% YoY.","Adj. EBITDA $17M includes $12M non-cash environmental charge; down $35M YoY.","FY 2025 Adj. EBITDA guidance lowered to $175-185M; Adj. FCF guidance $5-15M.","Tariffs: ~$85M annual revenues exposed to 125% China import tariff; fluff sales at risk.","Sale of Paperboard/Hi-Yield Pulp assets on hold; net secured leverage 2.9x."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.49,"consensus_revenue_estimate":null,"consensus_revenue_actual":355967000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174925,"accession_number":"0001597672-25-000005","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-03-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM 2024 adj. EBITDA $222M (+60% YoY); guides 2025 $215-235M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1,630M (-$13M YoY); loss from cont. ops $42M vs $102M loss prior year.","Adj. EBITDA $222M (+$83M YoY); adj. FCF $128M; net debt reduced $73M.","2025 guidance: adj. EBITDA $215-235M, adj. FCF $25-45M; mid-single-digit cellulose specialties price hike.","Indefinitely suspended Temiscaming HPC ops; secured €67M biomaterials capital; Jesup fire cost $9M EBITDA.","Refinanced with $700M term loan; net secured leverage 2.7x; $276M liquidity at year-end."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":174924,"accession_number":"0001597672-25-000002","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM reports preliminary FY2024: Adj. EBITDA $222M (+60%); tariff impact up to $3.5M/month","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1,639M (flat YoY); loss from cont. ops $43M, improved $59M.","Adjusted EBITDA $222M (+60% YoY); margin 13.5% vs 8.5% on mix & cost savings.","2025 Cellulose Specialties prices projected up mid-single-digit %; volumes down due to Temiscaming suspension; revenue flat.","Net secured leverage 2.7x (covenant 5.0x); debt reduced $73M; adjusted FCF $130M (+$77M).","25% tariff on Canadian exports could impact $3.5M/month; 11% of revenues exposed; company expects to cover fixed charges."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":1630308000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191886,"accession_number":"0001140361-24-047175","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-11-18T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"RYAM raises €67M green capital for BioNova subsidiary; targets $40M+ EBITDA by 2027","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["€37M secured term loans from Crédit Lyonnais, Arkéa Banque, BNP Paribas at ~5% floating rate, ~7-year maturity.","€30M preferred equity from Swen Capital Partners for 20% stake in RYAM BioNova SAS; subsidiary valued >$160M.","Funds to be used for second-generation bioethanol plant and prebiotics projects.","CEO expects BioNova initiatives to generate over $40M EBITDA in 2027."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191885,"accession_number":"0001140361-24-045744","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-11-08T23:59:59+00:00","items":["1.01","1.02","8.01","2.03","9.01"],"status":"ready","headline":"RYAM closes $700M term loan, repays existing debt, extends ABL to 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowed $700M under new senior secured term loan facility to refinance existing debt and redeem 7.625% 2026 Notes.","Amended ABL facility: revolver commitments cut from $200M to $175M; maturity extended to November 2029.","Prepaid and terminated Existing Term Loan Credit Agreement (July 2023) and Existing Pari Passu Credit Agreement.","Legally defeased all remaining 2026 Notes; redemption set for Jan 15, 2025 at 100% principal plus accrued interest."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191884,"accession_number":"0001140361-24-045545","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"RYAM consummates cash tender offer for $135.5M of its 7.625% Senior Secured Notes due 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Accepted $135,486,000 aggregate principal (29.93% of outstanding notes) validly tendered; payment made Nov 7, 2024.","Tender offer expired Nov 4, 2024; guaranteed delivery deadline was Nov 6, 2024.","Issuer intends to legally defease remaining outstanding notes not purchased.","Sole dealer manager: Houlihan Lokey Capital, Inc."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191883,"accession_number":"0001597672-24-000037","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM Q3 net loss $33M on impairment; reiterates EBITDA, ups FCF guidance; $700M refinancing","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net loss $33M ($0.49/diluted) vs $25M loss last year; includes $25M asset impairment and $7M suspension charges.","Adjusted EBITDA $51M, up $27M YoY; net sales $401M, up $32M YoY.","2024 guidance: Adj. EBITDA $205-215M (reiterated); Adj. Free Cash Flow raised to $115-125M.","Refinanced $700M secured term loan due 2029, replacing $453M 2026 notes and $246M 2027 term loan; ABL extended.","Jesup plant fire estimated $10M EBITDA impact; $3M maintenance capex in 2024; $15M insurance deductible."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":1207804000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191882,"accession_number":"0001140361-24-044534","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"RYAM closes $700M secured term loan to refinance 2026 notes and existing debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$700M senior secured term loan from Oaktree, Silver Point, Blue Torch; interest = 3M Term SOFR + 7.00%.","Proceeds used to purchase/defease 7.625% 2026 notes and repay existing 2027 term loan.","Covenant: max consolidated secured net leverage 5.00x thru FY2025, stepping to 4.50x by 2027.","Prepayment subject to make-whole plus 2% (first 18 mos), then 2% (next 6 mos), 1% (next 12 mos); par after 36 mos.","CEO says deal strengthens capital structure, provides flexibility for strategic investments and deleveraging."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":191881,"accession_number":"0001140361-24-044485","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-10-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"RYAM subsidiary commences cash tender offer for $452.6M in 7.625% Secured Notes due 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issuer Rayonier A.M. Products offers to purchase any and all of its $452.6M 7.625% Senior Secured Notes due 2026 at par plus accrued interest.","Tender offer expires November 4, 2024; settlement expected November 7, 2024.","Offer conditioned on completion of sufficient debt financing to fund purchase; no minimum tender condition.","Issuer intends to legally defease any untendered notes but is not obligated to do so.","Dealer manager: Houlihan Lokey; information and tender agent: Global Bondholder Services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208347,"accession_number":"0001140361-24-040597","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"RYAM elects Eric M. Bowen to board; Charles Adair resigns for personal reasons","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Charles E. Adair resigned from RYAM board effective Sept 8, 2024, for personal reasons, no disagreement.","Eric M. Bowen elected as Class I independent director effective Sept 9, 2024, serving until 2027 annual meeting.","Bowen appointed to Audit Committee and Sustainability Committee.","Bowen brings >20 years of biofuels experience, including former General Counsel at REGI and founder of Tellurian Biodiesel.","Bowen's compensation includes prorated cash retainer and restricted stock units for the 2024-2025 term."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208346,"accession_number":"0001597672-24-000030","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM Q2 net income $11M vs loss; raises 2024 EBITDA outlook to $205-215M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $11M ($0.17/diluted) vs net loss of $17M (-$0.26) in Q2 2023; revenue $419M, up $34M.","Adjusted EBITDA from continuing ops $68M, up $41M YoY; includes $10M CEWS benefit claims.","FY2024 guidance raised: Adjusted EBITDA $205-215M, Adjusted FCF $100-110M; targeting net secured debt ratio <3.0x by year-end.","Temiscaming HPC suspension: expects $25-30M one-time charges in 2024; non-cash asset impairments in Q3.","Total debt $778M; net secured debt $659M; engaged Houlihan Lokey for senior notes refinancing."],"consensus_eps_estimate":null,"consensus_eps_actual":0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":806701000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225999,"accession_number":"0001597672-24-000017","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"RYAM shareholders reject board declassification and supermajority removal; approve exculpation and say-on-pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All three director nominees (Adair, Dill, Kirsch) elected with 41-44M votes for; ~8M broker non-votes.","Proposal to declassify board failed: 44.5M for, 0.9M against (required supermajority not met).","Proposal to eliminate supermajority voting also failed: 44.4M for, 0.9M against.","Amendment to allow officer exculpation passed: 42.4M for, 3.0M against, 8M broker non-votes.","Advisory say-on-pay approved (44.1M for) and auditor Grant Thornton ratified (53.1M for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225998,"accession_number":"0001597672-24-000012","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM Reports Q1 Net Loss $2M, Adj EBITDA $52M; Raises 2024 FCF Guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $2M ($0.02/diluted share) vs net income $2M in prior year; revenue $388M, down $79M YoY.","Adjusted EBITDA $52M, up $1M YoY; 2024 Adj EBITDA guidance reaffirmed at $180-$200M.","Suspended operations at Temiscaming High Purity Cellulose plant; expects one-time charges ~$30M, increases FCF by $15-20M.","Sold softwood lumber duty refund rights for $39M; 2024 Adj FCF guidance raised to $80-$100M.","Bioethanol facility in Tartas operational, targeting $3-4M EBITDA in 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":387656000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":225997,"accession_number":"0001597672-24-000009","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-04-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"RYAM to indefinitely suspend Temiscaming HPC plant operations effective July 2, 2024, laying off ~275 employees","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Indefinite suspension of Temiscaming HPC plant due to market weakness and high costs.","Plant capacity ~150,000 metric tons; reduces RYAM's global HPC production.","Approximately 275 layoffs; company will assist employees per collective agreement.","Adjacent paperboard and high-yield pulp plants continue operating; part of ongoing sales process.","Decision aims to mitigate operating losses, improve free cash flow and balance sheet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245092,"accession_number":"0001597672-24-000004","cik":1597672,"company_name":"RAYONIER ADVANCED MATERIALS INC.","ticker":"RYAM","form_type":"8-K","filed_at":"2024-02-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"RYAM reports 2023 loss of $102M; guides 2024 Adjusted EBITDA $180-200M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $1,643M (-$74M YoY); loss from continuing ops $102M (incl. $62M non-cash impairment) vs. loss $27M prior year.","Adjusted EBITDA $139M; adjusted FCF $53M; total debt reduced $76M to $777M; net secured debt ratio 4.2x.","2024 guidance: Adjusted EBITDA $180-200M, FCF $20-40M; bioethanol facility commissioning in Q1 2024.","High Purity Cellulose: specialties prices up 8% Q4 YoY but volumes down 11%; commodity volumes up 7%.","Amended 2027 Term Loan to raise max secured net leverage ratio through FY2024; incurred $3M fees."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":1643330000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":620771834.5423077,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}