Sylvamo director granted dividend stock units
JOHNSON JOIA M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
JOHNSON JOIA M reported acquisition or exercise transactions in this Form 4 filing.
Sylvamo Corp director Joia M. Johnson received 142.7574 deferred stock units as a grant tied to a dividend on the company’s common stock. These are dividend equivalent units credited under Sylvamo’s plan for non-employee directors and will vest on the same terms as the underlying awards.
After this grant, Johnson holds a total of 1,135.8436 deferred stock units, each representing the right to receive one share of Sylvamo common stock upon vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 142.7574 | $43.57 | $6K |
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 ("DEUs") 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) report for Joia M. Johnson?
How many Sylvamo (SLVM) deferred stock units does Joia M. Johnson now hold?
What are dividend equivalent units (DEUs) in the Sylvamo (SLVM) director plan?
Was the Sylvamo (SLVM) insider transaction a market purchase or sale?
How is the value of Joia M. Johnson’s new Sylvamo (SLVM) units measured?
AI-generated analysis. How Rhea-AI works. Not financial advice.