Sylvamo (SLVM) CEO John Sims granted 509 Dividend Equivalent Units tied to RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SIMS JOHN V reported acquisition or exercise transactions in this Form 4 filing.
Sylvamo Corp CEO & President John V. Sims received a grant of 509.1863 Dividend Equivalent Units (DEUs) on April 28, 2026. Each DEU corresponds to one share of Sylvamo common stock, subject to vesting, and accrues on previously granted restricted stock units. Following this grant, Sims directly holds 3,204.4902 DEUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIMS JOHN V
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 509.186 | $43.57 | $22K |
Holdings After Transaction:
Dividend Equivalent Units — 3,204.49 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
DEUs granted: 509.1863 units
Grant reference price: $43.5700 per unit
DEUs after transaction: 3,204.4902 units
+1 more
4 metrics
DEUs granted
509.1863 units
Dividend Equivalent Units awarded on April 28, 2026
Grant reference price
$43.5700 per unit
Price per unit reported for DEU grant
DEUs after transaction
3,204.4902 units
Total Dividend Equivalent Units held directly after grant
Underlying common stock per DEU
1 share per DEU
Each DEU represents one Sylvamo common share, subject to vesting
Key Terms
Dividend Equivalent Units, restricted stock units, DEUs, vesting
4 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.
DEUs financial
"The number of DEUs has been rounded to 4 decimal points"
vesting financial
"The DEUs will vest and be settled on the same terms and conditions"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.