Sylvamo (SLVM) director receives new deferred stock units as dividend equivalents

Rhea-AI Filing Summary

Sylvamo Corp director Jeanmarie F. Desmond received additional equity-based compensation in the form of dividend equivalents. On this Form 4, she acquired 80.8092 deferred stock units tied to Sylvamo common stock, credited at a reference price of $43.57 per unit. These units are dividend equivalent units accrued on previously granted restricted stock units and/or deferred stock units under Sylvamo’s Restricted Stock and Deferred Compensation Plan for Non-Employee Directors. Each new unit represents the right, subject to vesting, to receive one share of common stock, bringing her total deferred stock unit balance to 507.9307 units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Desmond Jeanmarie F.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	80.809	$43.57	$4K

Holdings After Transaction: Deferred Stock Units — 507.931 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Deferred stock units granted: 80.8092 units Reference price per unit: $43.57 Deferred stock units after grant: 507.9307 units +2 more

5 metrics

Deferred stock units granted 80.8092 units Dividend equivalent units credited on 2026-04-28

Reference price per unit $43.57 Transactional price per deferred stock unit

Deferred stock units after grant 507.9307 units Total deferred stock units held following transaction

Underlying common stock 80.8092 shares Shares of common stock underlying new deferred stock units

Conversion price $0.00 Stated conversion or exercise price for deferred stock units

Key Terms

Deferred Stock Units, dividend equivalent units, restricted stock units, Deferred Compensation Plan for Non-Employee Directors, +1 more

5 terms

Deferred Stock Units financial

"security_title: "Deferred Stock Units" and underlying security tied to common stock"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

dividend equivalent units financial

"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"

restricted stock units financial

"accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs")"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Deferred Compensation Plan for Non-Employee Directors financial

"previously granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors"

vesting financial

"The DEUs will vest and be settled on the same terms and conditions"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Desmond Jeanmarie F.

(Last) (First) (Middle)

6077 PRIMACY PARKWAY

(Street)

MEMPHIS TENNESSEE 38119

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sylvamo Corp [ SLVM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	04/28/2026		A		80.8092		(1)	(1)	Common Stock	80.8092	$43.57	507.9307	D

Explanation of Responses:

1. Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs") previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors ("Plan"), in connection with a dividend paid on shares of Sylvamo Corporation common stock. The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs 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.

Remarks:

	/s/ Maria St. John Daugherty, attorney in fact for Jeanmarie F. Desmond	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sylvamo (SLVM) report for Jeanmarie F. Desmond?

Sylvamo reported that director Jeanmarie F. Desmond acquired 80.8092 deferred stock units as dividend equivalents on existing equity awards. These units are part of her non-cash director compensation and are tied to future delivery of Sylvamo common stock, subject to vesting.

Were Sylvamo (SLVM) shares bought or sold on the market in this Form 4?

No open-market buy or sell occurred. The Form 4 shows an acquisition coded “A” for a grant or award of 80.8092 deferred stock units as dividend equivalents on prior RSUs/DSUs, reflecting automatic, compensation-related accrual rather than a discretionary market trade.

What are dividend equivalent units (DEUs) in Sylvamo’s (SLVM) director compensation?

Dividend equivalent units are credits that mirror dividends on previously granted restricted or deferred stock units. For Sylvamo directors, each DEU represents the right, subject to vesting, to receive one share of common stock, aligning director compensation with shareholder dividend activity over time.

How many deferred stock units does Jeanmarie F. Desmond hold after this Sylvamo (SLVM) filing?

After the reported grant, Jeanmarie F. Desmond holds 507.9307 deferred stock units. These units reflect accumulated equity-based compensation, including dividend equivalent units, and each unit is tied to one future share of Sylvamo common stock, subject to the applicable vesting terms.

What does transaction code “A” mean in this Sylvamo (SLVM) Form 4?

Transaction code “A” indicates a grant, award, or other acquisition rather than an open-market purchase. In this case, Sylvamo granted 80.8092 deferred stock units as dividend equivalent units on existing director equity awards, recorded as a non-cash increase in the director’s holdings.