secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001193125-24-278596
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

International Paper executive compensation 2025 LTIP moves to 100% PSUs with relative TSR metric
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- 2025 LTIP approved Dec 9, 2024; executive officers now receive 100% performance stock units (PSUs) vs. prior 80/20 split.
- Sole performance metric is relative total shareholder return (TSR) against 40-company S&P Composite 1500 Materials Index peer group.
- Award values approved: CEO Silvernail $12.5M, CFO Nicholls $3.5M, EVP Hamic $2.8M, General Counsel Saab $2.0M.
- PSUs vest over three-year performance period; performance range 0%–200%.
- Compensation committee increased total direct compensation for Nicholls and Saab based on market positioning.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000119312524278596/0001193125-24-278596-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000119312524278596/d916350d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-278596

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