Sylvamo (SLVM) CFO receives 281 Dividend Equivalent Units in RSU accrual

Rhea-AI Filing Summary

Devlin Donald P. reported acquisition or exercise transactions in this Form 4 filing.

Sylvamo Corp reported that its SVP and Chief Financial Officer, Donald P. Devlin, received a grant of 281.2626 Dividend Equivalent Units (DEUs) on common stock. These DEUs accrued on previously granted restricted stock units and will vest and settle on the same terms as the original RSUs.

Each DEU represents the right to receive, subject to vesting, one share of Sylvamo common stock. Following this grant, Devlin directly holds a total of 822.5581 DEUs, reflecting routine compensation-related equity accrual rather than an open-market transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Devlin Donald P.

Role SVP Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Units	281.263	$43.57	$12K

Holdings After Transaction: Dividend Equivalent Units — 822.558 shares (Direct, null)

Footnotes (1)

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Key Figures

Dividend Equivalent Units granted: 281.2626 units DEU reference price: $43.57 per unit Total DEUs after transaction: 822.5581 units +2 more

5 metrics

Dividend Equivalent Units granted 281.2626 units Grant on 2026-04-28 tied to prior RSUs

DEU reference price $43.57 per unit Transaction price per unit for the DEUs

Total DEUs after transaction 822.5581 units Direct holdings following the acquisition

Underlying common stock units 281.2626 shares Underlying common stock per DEU grant

Exercise price $0.00 Conversion or exercise price for DEUs

Key Terms

Dividend Equivalent Units, restricted stock units, vest and be settled, common stock, +1 more

5 terms

Dividend Equivalent Units financial

"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"

restricted stock units financial

"accrued on restricted stock units ("RSUs") previously granted to the Reporting Person"

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.

vest and be settled financial

"The DEUs will vest and be settled on the same terms and conditions"

common stock financial

"represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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^*

Devlin Donald P.

(Last) (First) (Middle)

C/O SYLVAMO CORPORATION

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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
Dividend Equivalent Units	(1)	04/28/2026		A		281.2626		(1)	(1)	Common Stock	281.2626	$43.57	822.5581	D

Explanation of Responses:

1. Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") previously granted to the Reporting Person. The DEUs will vest and be settled on the same terms and conditions as the original RSUs 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 Donald P. Devlin	04/30/2026
	** 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)

FAQ

What insider transaction did Sylvamo (SLVM) disclose for Donald P. Devlin?

Sylvamo reported that SVP and CFO Donald P. Devlin received 281.2626 Dividend Equivalent Units as a compensation-related equity award. These units accrued on previously granted RSUs and will vest and settle under the same terms as the original restricted stock awards.

How many Dividend Equivalent Units did the Sylvamo (SLVM) CFO receive?

The CFO received 281.2626 Dividend Equivalent Units linked to Sylvamo common stock. Each DEU corresponds to one share, subject to vesting conditions. The units reflect dividend-equivalent accruals on earlier restricted stock unit grants, not an open-market purchase of additional shares.

What do Dividend Equivalent Units mean in the Sylvamo (SLVM) Form 4 filing?

Dividend Equivalent Units represent credit for dividends on previously granted restricted stock units, paid in share-based form. For Sylvamo, each DEU gives the right to receive one share of common stock upon vesting, matching the terms and schedule of the original RSU awards.

How many Dividend Equivalent Units does the Sylvamo (SLVM) CFO hold after this transaction?

After the transaction, Sylvamo’s CFO holds 822.5581 Dividend Equivalent Units directly. This total includes the newly credited 281.2626 units and represents his accumulated dividend-equivalent rights tied to prior restricted stock unit grants under the company’s equity compensation arrangements.

Was the Sylvamo (SLVM) CFO’s Form 4 transaction a market buy or sell?

No, the Form 4 transaction reflects a grant of Dividend Equivalent Units, not a market buy or sell. The units accrued automatically on existing restricted stock units as dividends, following the same vesting schedule, and do not involve open-market trading in Sylvamo shares.