Sylvamo director Joia Johnson awarded stock units
Sylvamo Corp director Joia M Johnson reported two compensation-related acquisitions of derivative securities tied to common stock.
Rhea-AI Filing Summary
Sylvamo Corp director Joia M Johnson reported two compensation-related acquisitions of derivative securities tied to common stock. She received 161.464 deferred stock units, increasing her deferred stock unit holdings to 1,297.3076 units, and 44.815 dividend equivalent units credited in connection with a dividend. According to the plan terms, each dividend equivalent unit represents the right, subject to vesting, to receive one share of Sylvamo common stock and will vest and be settled on the same schedule as the underlying restricted or deferred stock units. These transactions are not indicated as made under a Rule 10b5-1 trading plan.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1 | 161.464 | $38.92 | $6K |
| Grant/Award | Dividend Equivalent Units F1 | 44.815 | $38.92 | $2K |
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 financial
Deferred Compensation Plan for Non-Employee Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Joia M Johnson report for Sylvamo Corp (SLVM)?
How many deferred stock units does Joia M Johnson now hold in Sylvamo Corp (SLVM)?
What are the 44.815 dividend equivalent units reported for Sylvamo Corp (SLVM)?
Are Joia M Johnson’s Sylvamo Corp (SLVM) transactions market purchases or sales?
Do the recent Sylvamo Corp (SLVM) insider transactions use a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.