Sylvamo (NYSE: SLVM) director granted 120.8 deferred stock units
Rhea-AI Filing Summary
Sylvamo Corp director Joia M. Johnson reported receiving 120.7755 deferred stock units on January 23, 2026. These units are dividend equivalent units credited in connection with a dividend paid on Sylvamo common stock, tied to previously granted restricted stock units and deferred stock units under the company’s plan for non-employee directors.
Each dividend equivalent unit represents the right, subject to vesting, to receive one share of Sylvamo common stock and will vest and settle on the same schedule as the original awards. Following this transaction, Johnson beneficially owns 993.0862 deferred stock units, held directly. The transaction was reported at a reference price of $51.05 per unit.
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FAQ
What insider transaction did Sylvamo (SLVM) report for Joia M. Johnson?
Director Joia M. Johnson reported an acquisition of 120.7755 deferred stock units on January 23, 2026, coded as an acquisition (A) of a derivative security.
What are the dividend equivalent units reported in the Sylvamo (SLVM) Form 4?
The filing describes them as dividend equivalent units (DEUs) accrued on existing restricted and deferred stock units in connection with a dividend on Sylvamo common stock. Each DEU, subject to vesting, represents the right to receive one share of common stock.
How many deferred stock units does the Sylvamo (SLVM) director own after this transaction?
After the reported transaction, 993.0862 deferred stock units are beneficially owned by director Joia M. Johnson, held in direct ownership.
What price is associated with the deferred stock units in the Sylvamo (SLVM) Form 4?
The transaction is reported with a price of
How will the Sylvamo (SLVM) dividend equivalent units for the director vest and settle?
The filing states that the dividend equivalent units will vest and be settled on the same terms and conditions as the original restricted or deferred stock units to which they relate.
Is the Sylvamo (SLVM) Form 4 transaction a direct or indirect holding for the director?
The Form 4 classifies the deferred stock units as held in direct (D) ownership by director Joia M. Johnson.