Sylvamo (NYSE: SLVM) director granted 305 dividend-equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sylvamo Corp director David D. Petratis reported an acquisition of 305.5347 Deferred Stock Units (DEUs) on Sylvamo common stock at $43.57 per unit. According to the plan footnote, these DEUs were credited as dividend equivalents on previously granted RSUs and/or DSUs and will vest and settle on the same terms as those original awards. After this grant, Petratis directly holds 2,405.0802 Deferred Stock Units, each representing the right to receive, subject to vesting, one share of Sylvamo common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PETRATIS DAVID D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 305.535 | $43.57 | $13K |
Holdings After Transaction:
Deferred Stock Units — 2,405.08 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred Stock Units granted: 305.5347 units
Reference price per unit: $43.57 per unit
Deferred Stock Units after transaction: 2,405.0802 units
+1 more
4 metrics
Deferred Stock Units granted
305.5347 units
Dividend equivalent units granted on 2026-04-28
Reference price per unit
$43.57 per unit
Price associated with 305.5347 Deferred Stock Units
Deferred Stock Units after transaction
2,405.0802 units
Total direct Deferred Stock Unit holdings after grant
Underlying common stock
305.5347 shares
Each DEU represents right to one Sylvamo common share
Key Terms
Deferred Stock Units, dividend equivalent units, restricted stock units ("RSUs"), deferred stock units ("DSUs"), +1 more
5 terms
Deferred Stock Units financial
"security_title: "Deferred Stock Units""
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalent units financial
"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"
restricted stock units ("RSUs") financial
"accrued on restricted stock units ("RSUs") and/or deferred stock units"
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.
deferred stock units ("DSUs") financial
"and/or deferred stock units ("DSUs") previously granted to the Reporting Person"
Restricted Stock and Deferred Compensation Plan for Non-Employee Directors financial
"under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors"
FAQ
What insider transaction did Sylvamo (SLVM) director David Petratis report?
Director David D. Petratis reported receiving 305.5347 Deferred Stock Units in Sylvamo. These units were credited as dividend equivalents on previously granted RSUs or DSUs, increasing his direct Deferred Stock Unit holdings to 2,405.0802, each tied to one share of common stock upon vesting.
What are dividend equivalent units in the Sylvamo (SLVM) Form 4 filing?
Dividend equivalent units (DEUs) are additional units credited when Sylvamo pays dividends on its common stock. For David Petratis, 305.5347 DEUs were added on existing RSUs or DSUs and will vest and settle under the same terms as those original equity awards in the company plan.
How many Sylvamo (SLVM) Deferred Stock Units does David Petratis now hold?
Following the reported transaction, David Petratis directly holds 2,405.0802 Deferred Stock Units in Sylvamo. Each unit represents the right, subject to vesting, to receive one share of Sylvamo common stock, reflecting accumulated awards and related dividend equivalent units under the company’s director compensation plan.
Was the Sylvamo (SLVM) insider transaction a market purchase or sale?
The reported Sylvamo transaction was a grant or award acquisition, not an open-market trade. David Petratis received 305.5347 Deferred Stock Units as dividend equivalents on existing RSUs or DSUs, consistent with the company’s Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
What plan governs the Sylvamo (SLVM) Deferred Stock Units granted to David Petratis?
The Deferred Stock Units are issued under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors. Under this plan, dividend equivalent units accrue on previously granted RSUs or DSUs and vest and settle on the same terms as those underlying director equity awards.