Sylvamo VP reports RSU, PSU awards and tax withholding
Sylvamo Corp executive Kevin W. Ferguson, VP, Controller and Chief Accounting Officer, reported equity awards and related tax withholding in company stock.
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Rhea-AI Filing Summary
Sylvamo Corp executive Kevin W. Ferguson, VP, Controller and Chief Accounting Officer, reported equity awards and related tax withholding in company stock. On March 1, 2026, he acquired 2,161 time-based RSUs and 1,355.9212 PSUs that settled in common stock.
The RSUs vest one-third on each of March 1, 2027, March 1, 2028, and March 1, 2029, subject to continued service and certain accelerated vesting conditions. The filing also shows 908.9159 shares withheld at $46.30 per share to cover taxes on the RSU and PSU vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,161 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,355.9212 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 908.9159 | $46.30 | $42K |
Footnotes (3)
- F1. 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 the 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.
- F2. The reported securities represent performance-based restricted stock units ("PSUs") that vested and settled one-for-one in common stock on March 1, 2026, rounded to four decimal places. The PSUs were granted on March 1, 2023, under the issuer's long-term incentive plan, with vesting contingent upon the achievement of financial performance criteria.
- F3. Represents shares withheld for taxes in connection with vesting of RSUs and PSUs, rounded to four decimal places. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Sylvamo (SLVM) executive Kevin Ferguson report on this Form 4?
How many RSUs did Kevin Ferguson receive from Sylvamo (SLVM)?
What performance-based PSUs did Kevin Ferguson report for Sylvamo (SLVM)?
What is the vesting schedule for Kevin Ferguson’s new Sylvamo (SLVM) RSUs?
How were Sylvamo (SLVM) PSUs structured for Kevin Ferguson?
AI-generated analysis. How Rhea-AI works. Not financial advice.