Sylvamo (SLVM) director Desmond credited 68.37 dividend-based deferred stock units

Rhea-AI Filing Summary

Sylvamo Corp director Jeanmarie F. Desmond reported an automatic accrual of additional equity-based units tied to her board compensation. On January 23, 2026, she acquired 68.3661 deferred stock units at a reference price of $51.05 per unit, increasing her holdings in these derivative securities to 427.1215 deferred stock units.

The new units consist of dividend equivalent units (DEUs), which were credited in connection with a dividend paid on Sylvamo common stock. These DEUs mirror previously granted restricted stock units and deferred stock units under the company’s plan for non-employee directors and will vest and settle on the same terms as the original awards. Each DEU represents the right, subject to vesting, to receive one share of Sylvamo common stock.

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
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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 TN 38119

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/23/2026

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

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

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

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)	01/23/2026		A		68.3661		(1)	(1)	Common Stock	68.3661	$51.05	427.1215	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	01/27/2026
	** 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.

FAQ

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

Director Jeanmarie F. Desmond reported an automatic award of 68.3661 deferred stock units on January 23, 2026, increasing her total holdings of these derivative securities to 427.1215 units.

What are the 68.3661 units reported by the Sylvamo (SLVM) director on the Form 4?

The 68.3661 units are dividend equivalent units (DEUs) accrued on previously granted restricted stock units and deferred stock units, credited in connection with a dividend paid on Sylvamo common stock.

How do the Sylvamo (SLVM) dividend equivalent units work for the director?

Each dividend equivalent unit (DEU) represents the right to receive, subject to vesting, one share of Sylvamo common stock. The DEUs vest and are settled on the same terms and conditions as the original restricted stock units or deferred stock units.

What is the total number of deferred stock units held after this Sylvamo (SLVM) Form 4 transaction?

Following the reported transaction, the director beneficially owns 427.1215 deferred stock units, as disclosed in the filing.

Was the Sylvamo (SLVM) Form 4 transaction a purchase or a sale by the director?

The Form 4 reports an acquisition of derivative securities (deferred stock units) coded as transaction type A, reflecting additional units credited rather than an open-market sale.

What plan governs the Sylvamo (SLVM) director’s dividend equivalent units and deferred stock units?

The units were granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, which covers restricted stock units, deferred stock units, and related dividend equivalent units.