Sylvamo director granted 305 dividend units
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 305.5347 | $43.57 | $13K |
Footnotes (1)
- F1. Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs") previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors ("Plan"), in connection with a dividend paid on shares of Sylvamo Corporation common stock. The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. The number of DEUs has been rounded to 4 decimal points.
Key Figures
Key Terms
Deferred Stock Units financial
dividend equivalent units financial
restricted stock units ("RSUs") financial
deferred stock units ("DSUs") financial
Restricted Stock and Deferred Compensation Plan for Non-Employee Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sylvamo (SLVM) director David Petratis report?
What are dividend equivalent units in the Sylvamo (SLVM) Form 4 filing?
How many Sylvamo (SLVM) Deferred Stock Units does David Petratis now hold?
Was the Sylvamo (SLVM) insider transaction a market purchase or sale?
What plan governs the Sylvamo (SLVM) Deferred Stock Units granted to David Petratis?
AI-generated analysis. How Rhea-AI works. Not financial advice.