Sylvamo director granted dividend equivalent units
Sylvamo Corp director James P. Zallie received additional equity-based compensation through dividend equivalent units.
Rhea-AI Filing Summary
Sylvamo Corp director James P. Zallie received additional equity-based compensation through dividend equivalent units. On 01/23/2026, he acquired 23.8754 dividend equivalent units (DEUs) at a reference price of $51.05 per unit, bringing his directly held derivative position to 253.886 DEUs.
These DEUs were accrued on previously granted restricted stock units and/or deferred stock units awarded under Sylvamo’s Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, in connection with a dividend paid on Sylvamo common stock. Each DEU represents the right, subject to vesting, to receive one share of Sylvamo common stock and will vest and settle on the same terms as the underlying original awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 23.8754 | $51.05 | $1K |
Footnotes (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.
FAQ
What insider transaction did Sylvamo (SLVM) report for James P. Zallie?
How many dividend equivalent units does James P. Zallie hold after this Form 4?
What are dividend equivalent units in the Sylvamo (SLVM) director plan?
Under which plan were the Sylvamo (SLVM) dividend equivalent units granted?
Do the Sylvamo (SLVM) dividend equivalent units have the same vesting as the original awards?
What price per unit is shown for the Sylvamo (SLVM) dividend equivalent units?
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