secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001193125-24-140534
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IP shareholders approve 2024 LTICP with 9.25M shares; CEO Silvernail elected to board
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- All 9 director nominees elected; top vote-getter Christopher M. Connor with 256.9M for.
- 2024 LTICP approved: 9,250,000 shares reserved for stock-based awards to employees and directors.
- Say-on-pay non-binding resolution passed with 251.2M votes in favor.
- Two shareholder proposals (golden parachute vote, LGBTQ+ equity report) defeated by wide margins.
- CEO Andrew K. Silvernail elected to the Board effective May 14, 2024; no additional compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000119312524140534/0001193125-24-140534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000119312524140534/d813310d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-140534

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer