Sylvamo director granted stock and dividend units

Sylvamo Corp director Christine S Breves reported award-related acquisitions of derivative interests tied to common stock: 67.6375 units in a Deferred Stock Unit entry and 44.8150 units in a Dividend Equivalent Unit entry on 2026-07-28.

Rhea-AI Filing Summary

Sylvamo Corp director Christine S Breves reported award-related acquisitions of derivative interests tied to common stock: 67.6375 units in a Deferred Stock Unit entry and 44.8150 units in a Dividend Equivalent Unit entry on 2026-07-28. After these accruals, her reported balances are 583.5311 Deferred Stock Units and 219.1278 Dividend Equivalent Units. A footnote explains the new units are dividend equivalents credited in connection with a dividend and will vest and settle on the same terms as the underlying RSUs or DSUs.

Insider Trade Summary

Grant/Award: 112.4525 shares

Grant/Award 2 txns

Insider Breves Christine S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units F1	67.6375	$38.92	$3K
Grant/Award	Dividend Equivalent Units F1	44.815	$38.92	$2K

Holdings After Transaction: Deferred Stock Units — 583.5311 contracts (Direct); Dividend Equivalent Units — 219.1278 contracts (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Deferred Stock Units acquired: 67.6375 units Dividend Equivalent Units acquired: 44.8150 units Deferred Stock Units after transaction: 583.5311 units +1 more

4 metrics

Deferred Stock Units acquired 67.6375 units Grant/award acquisition dated 2026-07-28 reported for Christine S Breves

Dividend Equivalent Units acquired 44.8150 units Grant/award acquisition dated 2026-07-28 credited in connection with a dividend

Deferred Stock Units after transaction 583.5311 units Total Deferred Stock Units reported held by Christine S Breves after the 2026-07-28 acquisition

Dividend Equivalent Units after transaction 219.1278 units Total Dividend Equivalent Units reported held after the 2026-07-28 acquisition

Key Terms

Deferred Stock Units, Dividend Equivalent Units, restricted stock units ("RSUs"), deferred stock units ("DSUs"), +1 more

5 terms

Deferred Stock Units financial

"security_title: "Deferred Stock Units" for a derivative award entry"

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

"security_title: "Dividend Equivalent Units" and described as units accrued on RSUs or DSUs"

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 ("RSUs") financial

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

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

deferred stock units ("DSUs") financial

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

Restricted Stock and Deferred Compensation Plan for Non-Employee Directors financial

"previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Christine S Breves report for Sylvamo (SLVM)?

Christine S Breves reported two award-related acquisitions of derivative interests tied to Sylvamo common stock: 67.6375 units in a Deferred Stock Unit entry and 44.8150 Dividend Equivalent Units, all dated 2026-07-28 under the non-employee director compensation framework.

How many deferred stock units does Christine S Breves now hold in Sylvamo (SLVM)?

Following the reported acquisition of 67.6375 units, Christine S Breves now has a reported balance of 583.5311 Deferred Stock Units. These derivative units are tied to Sylvamo common stock and form part of her non-employee director compensation package.

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

Dividend Equivalent Units represent rights to receive one share of Sylvamo common stock per unit, subject to vesting. They are accrued on previously granted RSUs or DSUs when Sylvamo pays a dividend and vest and settle on the same terms as the original awards.

How many dividend equivalent units does Breves hold after these Sylvamo (SLVM) transactions?

After acquiring 44.8150 Dividend Equivalent Units on 2026-07-28, Christine S Breves has a reported balance of 219.1278 Dividend Equivalent Units. These units track Sylvamo dividends on prior equity awards and convert into common shares upon vesting and settlement.

Were the Sylvamo (SLVM) insider transactions open-market trades?

No. The reported entries are grant or award acquisitions of derivative units, not open-market purchases or sales. A footnote explains they are dividend equivalents credited on existing RSUs or DSUs in connection with a dividend on Sylvamo common stock.

On what date were the new units for Christine S Breves recorded at Sylvamo (SLVM)?

Both the Deferred Stock Unit and Dividend Equivalent Unit acquisitions for Christine S Breves are dated 2026-07-28. The units were credited under Sylvamo’s non-employee director plan in connection with a dividend on Sylvamo common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/30/2026 - 03:31 PM Accepted by SEC EDGAR 07/30/2026 - 03:31 PM Learn about SEC filing dates

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^*

Breves Christine S

(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)
07/28/2026

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)	07/28/2026		A		67.6375		(1)	(1)	Common Stock	67.6375	$38.92	583.5311	D
Dividend Equivalent Units	(1)	07/28/2026		A		44.815		(1)	(1)	Common Stock	44.815	$38.92	219.1278	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/ Erin Raccah, attorney in fact for Christine S. Breves	07/30/2026
	** 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)