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Sylvamo (SLVM) CFO Devlin receives RSU grant and withholds shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sylvamo Corp Senior Vice President and Chief Financial Officer Donald P. Devlin reported equity compensation activity in the company’s common stock. He received a grant of 11,191 time-based restricted stock units that settle one-for-one in common shares, vesting in three equal installments on March 1 of 2027, 2028, and 2029, subject to continued service and certain accelerated vesting conditions. In a related tax-withholding transaction tied to vesting RSUs, 768.8289 shares were withheld at a price of $46.30 per share, leaving him with 28,987.1711 shares held directly after these transactions.

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Negative

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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 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
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
Common Stock 03/01/2026 A 11,191(1) A $0.00 29,756 D
Common Stock 03/01/2026 F(2) 768.8289 D $46.3 28,987.1711 D
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
Explanation of Responses:
1. The reported securities represent time-based restricted stock units ("RSUs") that settle one-for-one in common stock upon vesting. The RSUs will vest, subject to the reporting person's continued service, one-third on each of March 1, 2027, March 1, 2028, and March 1, 2029. Accelerated vesting of a prorated number of RSUs would occur, based upon length of service during the RSU vesting period and subject to the RSU award terms and conditions, upon employment termination resulting in severance rights, resulting from a business divestiture, or due to death, disability or retirement.
2. Represents shares withheld for taxes in connection with vesting of RSUs, rounded to four decimal places. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
Remarks:
/s/ Maria St. John Daugherty, attorney in fact for Donald P. Devlin 03/03/2026
** 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 transactions did Sylvamo (SLVM) CFO Donald P. Devlin report?

Donald P. Devlin reported receiving 11,191 restricted stock units and a related tax-withholding share disposition. The RSUs settle in common stock upon vesting, while 768.8289 shares were withheld to cover taxes, leaving him with 28,987.1711 shares directly owned afterward.

How do the new restricted stock units for Sylvamo (SLVM) CFO vest?

The 11,191 restricted stock units vest in three equal installments over three years. One-third vests on March 1, 2027, another third on March 1, 2028, and the final third on March 1, 2029, conditioned on continued service and certain accelerated vesting events.

Were Sylvamo (SLVM) CFO’s share dispositions open-market sales?

The reported share disposition was not an open-market sale. It reflects 768.8289 shares withheld at $46.30 per share to satisfy tax obligations upon RSU vesting, a common administrative transaction exempt under Rule 16b-3(e), rather than a discretionary share sale.

How many Sylvamo (SLVM) shares does the CFO hold after these Form 4 transactions?

After the grant and tax-withholding disposition, Donald P. Devlin directly holds 28,987.1711 shares of Sylvamo common stock. This figure reflects both the reported equity award activity and the shares withheld to cover taxes associated with restricted stock unit vesting.

What conditions could accelerate vesting of Sylvamo (SLVM) CFO’s RSUs?

Vesting may accelerate on a prorated basis in certain events. These include qualifying employment termination with severance rights, a business divestiture, or termination due to death, disability, or retirement, all subject to the specific terms and conditions of the restricted stock unit award.
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