Sylvamo (NYSE: SLVM) director granted 3,876 RSUs for 2026-2027 service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Desmond Jeanmarie F. reported acquisition or exercise transactions in this Form 4 filing.
Sylvamo Corp director Desmond Jeanmarie F. received a grant of 3,876 shares of Common Stock in the form of time-based restricted stock units as compensation for board service for the 2026-2027 performance year. These RSUs were valued at $38.70 per share for reporting purposes.
The RSUs will vest upon the earlier of May 13, 2027, or the next annual shareowners meeting. The director has elected to defer settlement of any vested RSUs until the first to occur of May 13, 2032, or the end of her service as a director. After this award, she directly holds 16,734 shares of Sylvamo stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Desmond Jeanmarie F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,876 | $38.70 | $150K |
Holdings After Transaction:
Common Stock — 16,734 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 3,876 shares
Grant valuation price: $38.70 per share
Post-transaction holdings: 16,734 shares
+2 more
5 metrics
RSU grant size
3,876 shares
Time-based RSUs for 2026-2027 performance year
Grant valuation price
$38.70 per share
Value used for RSU grant reporting
Post-transaction holdings
16,734 shares
Total Sylvamo common shares held directly after grant
RSU vesting date
May 13, 2027
Vests earlier of this date or next annual shareowners meeting
Deferral settlement date
May 13, 2032
Latest date for settlement unless director service ends earlier
Key Terms
restricted stock units ("RSUs"), vest, defer settlement, performance year
4 terms
restricted stock units ("RSUs") financial
"The reported securities represent time-based restricted stock units ("RSUs") that were granted to the reporting person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"that will vest upon the earlier of May 13, 2027, or the next annual shareowners meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
defer settlement financial
"The reporting person has elected to defer settlement of vested RSUs until the first to occur of May 13, 2032"
performance year financial
"granted to the reporting person for service as a director for the 2026-2027 performance year"
FAQ
What insider transaction did Sylvamo (SLVM) report for director Desmond Jeanmarie F.?
Sylvamo reported that director Desmond Jeanmarie F. received 3,876 time-based restricted stock units as an equity award. The grant compensates her for service during the 2026-2027 performance year and increases her direct holdings to 16,734 Sylvamo common shares after the transaction.
What are the vesting terms of the new Sylvamo (SLVM) RSU award?
The 3,876 restricted stock units will vest upon the earlier of May 13, 2027, or the next annual shareowners meeting. Vesting means the director earns full rights to the shares, subject to her separate election to defer actual share settlement to a later date.
Was the Sylvamo (SLVM) Form 4 transaction an open-market stock purchase or sale?
No, the Form 4 reports a grant classified as an acquisition under code A, not an open-market trade. The 3,876 units are restricted stock units awarded as compensation, with vesting conditions and a separate deferral election governing when shares are actually delivered.