Sylvamo awards dividend units to senior executive
Kalman Hirschfeld Tatiana reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kalman Hirschfeld Tatiana reported acquisition or exercise transactions in this Form 4 filing.
Sylvamo Corp reported that its SVP & GM, Latin America received a grant of 175.9218 Dividend Equivalent Units accrued on previously granted restricted stock units. These units will vest and be settled on the same terms and conditions as the original RSUs, with each unit representing the right to receive one share of common stock, subject to vesting. Following this award, the executive holds 1,255.9987 Dividend Equivalent Units in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units F1 | 175.9218 | $38.92 | $7K |
Footnotes (1)
- F1. Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") previously granted to the Reporting Person. The DEUs will vest and be settled on the same terms and conditions as the original RSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. The number of DEUs has been rounded to 4 decimal points.
Key Figures
Key Terms
Dividend Equivalent Units financial
restricted stock units financial
Sylvamo Corporation common stock financial
FAQ
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What insider transaction did Sylvamo (SLVM) report in this Form 4?
How many Dividend Equivalent Units were granted to the Sylvamo (SLVM) executive?
What do the Dividend Equivalent Units reported by Sylvamo (SLVM) represent?
When will the Sylvamo (SLVM) executive’s Dividend Equivalent Units vest and settle?
How many total Dividend Equivalent Units does the Sylvamo (SLVM) executive hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.