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Sylvamo (SLVM) SVP receives 89.5 dividend equivalent units tied to RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vargas Marcia reported acquisition or exercise transactions in this Form 4 filing.

Sylvamo Corp SVP & Chief People Officer Marcia Vargas received 89.5442 Dividend Equivalent Units (DEUs) tied to previously granted restricted stock units. This compensation award increases her directly held DEUs to 744.4460 units. Each DEU, subject to vesting, represents the right to receive one share of common stock and follows the same vesting terms as the original RSUs.

Positive

  • None.

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Insider Vargas Marcia
Role SVP & Chief People Officer
Type Security Shares Price Value
Grant/Award Dividend Equivalent Units 89.544 $43.57 $4K
Holdings After Transaction: Dividend Equivalent Units — 744.446 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend Equivalent Units granted 89.5442 units Award on 2026-04-28 under Form 4
Price per underlying share reference $43.5700 per share Reported transaction price per share for DEUs
Total DEUs after transaction 744.4460 units Directly held following the award
DEU to share ratio 1 DEU : 1 share Each DEU represents right to receive one common share, subject to vesting
Dividend Equivalent Units financial
"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"
restricted stock units financial
"DEUs 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
"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.
common stock financial
"Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
Vargas Marcia

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Units(1)04/28/2026A89.5442 (1) (1)Common Stock89.5442$43.57744.446D
Explanation of Responses:
1. 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.
Remarks:
/s/ Maria St. John Daugherty, attorney in fact for Marcia Vargas04/30/2026
** Signature of Reporting PersonDate
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 Marcia Vargas?

Marcia Vargas received 89.5442 Dividend Equivalent Units as a compensation award, increasing her directly held DEUs to 744.4460. These DEUs are tied to previously granted restricted stock units and will vest and settle on the same terms as the original RSUs.

What are Dividend Equivalent Units in the Sylvamo (SLVM) Form 4 filing?

Dividend Equivalent Units, or DEUs, are credits that mirror dividends on existing restricted stock units. For this award, each DEU represents the right, subject to vesting, to receive one share of Sylvamo common stock, aligning the executive’s compensation with shareholder returns over time.

How many Sylvamo (SLVM) units does Marcia Vargas hold after this Form 4 transaction?

After receiving 89.5442 Dividend Equivalent Units, Marcia Vargas holds a total of 744.4460 DEUs directly. These units are linked to her prior restricted stock unit grants and will vest and settle into Sylvamo common shares under the same terms and conditions.

Is the Sylvamo (SLVM) Form 4 transaction an open-market buy or sell?

No, the transaction is a grant, not an open-market buy or sell. The Form 4 shows a compensation-related acquisition of 89.5442 Dividend Equivalent Units that accrue on previously granted restricted stock units, rather than a discretionary stock purchase or sale in the market.

How do the Sylvamo (SLVM) Dividend Equivalent Units vest for Marcia Vargas?

The Dividend Equivalent Units will vest and be settled on the same terms and conditions as the original restricted stock units. This means vesting follows the existing RSU schedule, and, upon vesting, each DEU entitles her to receive one share of Sylvamo common stock.