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Sylvamo Corp (SLVM) director granted new dividend-equivalent units

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Form Type
4

Rhea-AI Filing Summary

Zallie James P. reported acquisition or exercise transactions in this Form 4 filing.

Sylvamo Corp director James P. Zallie reported an automatic award of 44.8150 dividend equivalent units (DEUs) on 2026-07-28, accrued on previously granted RSUs and/or DSUs in connection with a common stock dividend. After this accrual, he holds 326.9219 DEUs, each representing the contingent right to receive one share of Sylvamo common stock on the same vesting terms as the underlying RSUs or DSUs.

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Insider Zallie James P.
Role Director
Type Security Shares Price Value
Grant/Award Dividend Equivalent Units F1 44.815 $38.92 $2K
Holdings After Transaction: Dividend Equivalent Units — 326.9219 shares (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.
Dividend equivalent units acquired 44.8150 units Grant/award acquisition of DEUs to director James P. Zallie on 2026-07-28
Dividend equivalent units held after transaction 326.9219 units Total DEU holdings reported for James P. Zallie following the accrual
Share entitlement per DEU 1 share Each DEU represents the right to receive one share of Sylvamo common stock upon vesting
DEU rounding precision 4 decimal points The number of DEUs is rounded to four decimal points for reporting
Dividend Equivalent Units financial
"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"
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 financial
"accrued on restricted stock units ("RSUs") and/or deferred stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred stock units financial
"and/or deferred stock units ("DSUs") previously granted to the Reporting Person"
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.
Restricted Stock and Deferred Compensation Plan for Non-Employee Directors financial
"granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors"

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FAQ

What insider transaction did Sylvamo (SLVM) director James P. Zallie report?

James P. Zallie reported an acquisition of 44.8150 dividend equivalent units (DEUs) on 2026-07-28. These DEUs accrued on previously granted RSUs and/or DSUs in connection with a Sylvamo common stock dividend, rather than through an open-market purchase.

How many dividend equivalent units does James P. Zallie hold after this Sylvamo (SLVM) transaction?

Following the reported award, James P. Zallie holds 326.9219 dividend equivalent units. These units are linked to prior RSU and/or DSU grants and will vest and be settled on the same terms as the original equity awards they track.

What do the dividend equivalent units reported by Sylvamo (SLVM) represent?

Each reported dividend equivalent unit represents the right to receive, subject to vesting, one share of Sylvamo common stock. The DEUs mirror the vesting and settlement terms of the underlying RSUs or DSUs to which they relate under the company’s non-employee director plan.

How were the new dividend equivalent units for Sylvamo (SLVM) director James P. Zallie generated?

The 44.8150 new DEUs accrued in connection with a dividend paid on Sylvamo common stock. They correspond to RSUs and/or DSUs previously granted under the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, rather than from a cash investment.

How precise is the share count for the Sylvamo (SLVM) dividend equivalent units granted to James P. Zallie?

The number of dividend equivalent units is reported with four decimal places. The company states that the DEU count for this award, and related holdings, has been rounded to 4 decimal points for reporting purposes.

What type of security is underlying the dividend equivalent units reported for Sylvamo (SLVM)?

The dividend equivalent units reported for James P. Zallie are linked to Sylvamo common stock. Upon vesting, each DEU entitles the holder to receive one share of Sylvamo Corporation common stock, aligning director compensation with shareholder interests.
SEC Form 4
FORM 4UNITED 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 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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Units(1)07/28/2026A44.815 (1) (1)Common Stock44.815$38.92326.9219D
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 James P. Zallie07/30/2026
** Signature of Reporting PersonDate
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)