Sylvamo Corp (NYSE: SLVM) CFO awarded new dividend equivalent units
Rhea-AI Filing Summary
Devlin Donald P. reported acquisition or exercise transactions in this Form 4 filing.
On July 28, 2026, Sylvamo Corp SVP and Chief Financial Officer Donald P. Devlin accrued 279.5394 dividend equivalent units (DEUs) tied to previously granted restricted stock units. These DEUs vest and settle on the same terms as the original RSUs, bringing his total to 1102.0975 DEUs, each representing the right to receive one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Devlin Donald P.
Role
SVP Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units F1 | 279.5394 | $38.92 | $11K |
Holdings After Transaction:
Dividend Equivalent Units — 1,102.0975 shares (Direct)
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
Dividend equivalent units granted: 279.5394 units
Total dividend equivalent units after grant: 1102.0975 units
Share per DEU: 1 share of common stock
3 metrics
Dividend equivalent units granted
279.5394 units
Accrued on July 28, 2026 on restricted stock units previously granted to the CFO
Total dividend equivalent units after grant
1102.0975 units
Aggregate DEUs held by Donald P. Devlin following the reported transaction
Share per DEU
1 share of common stock
Each DEU represents the right to receive, subject to vesting, one Sylvamo common share
Key Terms
Dividend Equivalent Units, restricted stock units, vesting
3 terms
Dividend Equivalent Units financial
"Consists of dividend equivalent units (DEUs) accrued on restricted stock units (RSUs)"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
restricted stock units financial
"accrued on restricted stock units (RSUs) previously granted to the Reporting Person"
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.
vesting financial
"Each DEU represents the right to receive, subject to vesting, one share"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sylvamo (SLVM) report for Donald P. Devlin?
Sylvamo reported that SVP and Chief Financial Officer Donald P. Devlin accrued 279.5394 dividend equivalent units on July 28, 2026. These DEUs are linked to previously granted RSUs and follow the same vesting and settlement terms as those original restricted stock units.
How many dividend equivalent units does the Sylvamo (SLVM) CFO hold after this Form 4?
After the reported transaction, Sylvamo’s CFO Donald P. Devlin holds 1102.0975 dividend equivalent units. Each DEU represents the right, subject to vesting, to receive one share of Sylvamo common stock, aligning his interests with long-term shareholder value through equity-based compensation.
What are dividend equivalent units (DEUs) in the Sylvamo (SLVM) Form 4 filing?
Dividend equivalent units are bookkeeping entries that credit DEUs on restricted stock units as if dividends were paid on underlying shares. For Sylvamo, each DEU reported for the CFO, subject to vesting, represents the right to receive one share of common stock upon settlement.
Do the Sylvamo (SLVM) DEUs granted to the CFO have the same vesting terms as his RSUs?
Yes. The filing states the dividend equivalent units will vest and be settled on the same terms and conditions as the original restricted stock units. This means their vesting schedule and settlement timing mirror the underlying RSUs previously granted to the reporting person.
Was the Sylvamo (SLVM) CFO’s DEU transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this report. The transaction consists of dividend equivalent units accrued on restricted stock units, rather than an open-market trade executed under a pre-arranged Rule 10b5-1 trading plan.