Sylvamo (SLVM) director gains dividend equivalent units from stock dividend

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.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Zallie James P.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Units	23.875	$51.05	$1K

Holdings After Transaction: Dividend Equivalent Units — 253.886 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Zallie James P.

(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
Dividend Equivalent Units	(1)	01/23/2026		A		23.8754		(1)	(1)	Common Stock	23.8754	$51.05	253.886	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 James P. Zallie	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) report for James P. Zallie?

The filing shows that director James P. Zallie acquired 23.8754 dividend equivalent units (DEUs) on 01/23/2026 as additional equity-based compensation.

How many dividend equivalent units does James P. Zallie hold after this Form 4?

After the reported transaction, James P. Zallie beneficially owned 253.886 dividend equivalent units, held in direct ownership.

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

The DEUs represent amounts accrued on prior restricted or deferred stock units in connection with a dividend on Sylvamo common stock. Each DEU represents the right, subject to vesting, to receive one share of Sylvamo common stock.

Under which plan were the Sylvamo (SLVM) dividend equivalent units granted?

The DEUs were accrued under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, tied to earlier RSU or DSU grants.

Do the Sylvamo (SLVM) dividend equivalent units have the same vesting as the original awards?

Yes. The DEUs will vest and be settled on the same terms and conditions as the original restricted stock units or deferred stock units to which they relate.

What price per unit is shown for the Sylvamo (SLVM) dividend equivalent units?

The transaction reflects a price of $51.05 per dividend equivalent unit, as disclosed in the Form 4.