Insider trade

Director purchased ~$500K of IP shares in the open market

Traded Mar 11, 2026 · Filed Mar 13, 2026

International PaperIP

~$500K
Reported value · 13K sh @ $38.8368: 13K
Holds after · shares reported: -15.9%
stock since the trade · S&P 500 +13.0%, $38.66 → $32.52 on Oct 1

Why it stands out

A board member of International Paper spent $500K of their very own money to buy International Paper shares.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Mar 11, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 13, 2026

Director$500K–$1M

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$500,024

Shares × reported transaction price

Size band

$500K–$1M

Rarity

Not enough history to judge

Confirmed open-market purchases by the same insider in the available history

Cluster activity

No other insider purchases within 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

41 days after results of Jan 29, 2026, 50 days before results of Apr 30, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $38.66 on Mar 11, 2026, 9% above its 52-week low and 31% below its high, after an 8% drop over the previous 30 trading days

52-week range $35.60 (Nov 20, 2025) to $56.26 (Mar 25, 2025), 15% of the way up, from 251 adjusted closes. 30 trading days earlier: $42.20 on Jan 27, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-9.4%	-2.1%	-7.3%
30 days	-1.6%	+3.6%	-5.2%
90 days	-6.2%	+11.4%	-17.6%
180 days	-7.0%	+15.1%	-22.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0000051434-26-000058
Filed / recorded: Mar 13, 2026, 1:16 AM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: INTERNATIONAL PAPER CO /NEW/
Issuer CIK: 51434
Ticker: IP
Reporting person: Anders Gustafsson
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Mar 11, 2026
Transaction code: P
Shares / units: 12,875
Price per share: $38.8368
Acquired / disposed: Acquired (A)
Shares owned after: 12,875
Ownership form: Direct
Amendment: No

Footnotes from the filing

Shares are held in a joint brokerage account with the reporting person's spouse.
Represents the weighted average price for 12,875 shares purchased in multiple transactions at prices ranging from $38.6300 and $38.9900, inclusive. The reporting person undertakes to provide to International Paper Company, any security holder of International Paper Company, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold as reported in this Form 4.