secwatch.observer — SEC 8-K summary
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Issuer:     INTERNATIONAL PAPER CO /NEW/ (IP)
CIK:        0000051434
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0001193125-25-119332
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IP amends pension plan for GCF employees, allows continued vesting via acquirer; all directors elected at annual meeting
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- Amendment No. 9 to Pension Restoration Plan lets GCF employees continue earning service time and qualify for early retirement while employed by acquiring company.
- Benefits named executive officer Clayton R. Ellis, SVP – global cellulose fibers, and other GCF participants.
- All 11 director nominees elected, with each receiving between 384M and 428M votes for; Deloitte ratified as auditor (450.8M for, 11M against).
- Non-binding say-on-pay approved (417.3M for, 12M against); shareholder proposal on LGBTQIA+ report rejected (27.9M for, 398.8M against).
- Amendment effective May 12, 2025; planned GCF divestiture announced October 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/51434/000119312525119332/0001193125-25-119332-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/51434/000119312525119332/d945649d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-119332

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