Sylvamo exec withholds shares to cover RSU taxes
Sylvamo VP and Controller reported a small share withholding to cover RSU-related taxes, leaving a modest direct share position.
Rhea-AI Filing Summary
Sylvamo Corp (SLVM) reported that executive Kevin W. Ferguson, VP, Controller and Chief Accounting Officer, had 78.3067 shares of common stock withheld on September 1, 2026 to pay tax liabilities arising from vesting of restricted stock units (RSUs). After this withholding, he holds 5,974.6181 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 78.3067 shares
Tax Withholding
1 txn
Insider
Ferguson Kevin W
Role
VP, Controller,Chief Acct.Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 78.3067 | $35.92 | $3K |
Holdings After Transaction:
Common Stock — 5,974.6181 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for taxes in connection with vesting of RSUs. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
Key Figures
Shares withheld for taxes: 78.3067 shares
Withholding price per share: $35.92 per share
Shares held after transaction: 5,974.6181 shares
3 metrics
Shares withheld for taxes
78.3067 shares
Common stock withheld on September 1, 2026 for RSU-related tax liability
Withholding price per share
$35.92 per share
Value used for the RSU tax withholding transaction on September 1, 2026
Shares held after transaction
5,974.6181 shares
Directly held Sylvamo common stock after the September 1, 2026 withholding
Key Terms
restricted stock units (RSUs), withheld for taxes, Rule 16b-3(e)
3 terms
restricted stock units (RSUs) financial
"withheld for taxes in connection with vesting of RSUs"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
withheld for taxes financial
"Represents shares withheld for taxes in connection with vesting of RSUs"
Rule 16b-3(e) regulatory
"deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e)"
FAQ
What transaction did Sylvamo (SLVM) executive Kevin W. Ferguson report?
He reported a withholding of 78.3067 Sylvamo common shares on September 1, 2026 to satisfy tax liabilities related to vesting of restricted stock units (RSUs), classified as a disposition for tax payment purposes.
Was the Sylvamo (SLVM) Form 4 transaction a market sale or purchase?
No. The Form 4 shows no open-market sale or purchase; it reports shares withheld for taxes in connection with RSU vesting, treated as a deemed disposition under Rule 16b-3(e).
Was the Sylvamo (SLVM) Form 4 transaction made under a Rule 10b5-1 trading plan?
No. The filing indicates no Rule 10b5-1 trading plan for this transaction, and the footnote clarifies it is a tax withholding in connection with RSU vesting, exempt under Rule 16b-3(e).
AI-generated analysis. How Rhea-AI works. Not financial advice.