Sylvamo (SLVM) director receives 7,623 RSUs in deferred 2026-2027 board compensation

Rhea-AI Filing Summary

Sylvamo Corp director David D. Petratis received an equity award rather than buying shares on the market. He was granted 7,623 common-share–equivalent restricted stock units at a reference price of $38.70 per share, increasing his direct holdings to 35,106 shares. The grant covers service for the 2026-2027 performance year. The award consists of 3,876 time-based RSUs and 3,747 RSUs taken in lieu of a cash retainer, which will convert one-for-one into common stock on the earlier of May 13, 2027, or the next annual shareowners meeting. Settlement of the vested RSUs is deferred until the earlier of May 13, 2032, or the end of his board service.

Insights

Equity compensation analyst

Routine director equity grant; compensation-related, not a market purchase.

Director David D. Petratis received 7,623 restricted stock units, tied to his 2026-2027 board service, at a reference price of $38.70 per share. This is standard equity-based compensation rather than an open-market trade.

The award mixes 3,876 time-based RSUs and 3,747 RSUs in lieu of a cash retainer, aligning director pay with shareholder value. Vesting occurs on the earlier of May 13, 2027 or the next annual meeting, with settlement deferred to as late as May 13, 2032.

Such deferred RSU programs are common for boards, smoothing compensation and encouraging longer-term alignment. The filing shows his direct holdings rising to 35,106 shares after the grant, but does not indicate any discretionary buying or selling activity.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PETRATIS DAVID D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,623	$38.70	$295K

Holdings After Transaction: Common Stock — 35,106 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 7,623 units Reference share price: $38.70 per share Holdings after grant: 35,106 shares +2 more

5 metrics

RSU grant size 7,623 units Award reported on May 15, 2026 for 2026-2027 director service

Reference share price $38.70 per share Reporting price for RSU grant

Holdings after grant 35,106 shares Total direct common stock holdings following transaction

Time-based RSUs 3,876 units Portion of grant subject to time-based vesting

RSUs in lieu of cash 3,747 units RSUs elected instead of cash retainer

Key Terms

restricted stock units, cash retainer, vest, defer the settlement, +1 more

5 terms

restricted stock units financial

"The reported securities represent 3,876 time-based restricted stock units ("RSUs") and 3,747 RSUs"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

cash retainer financial

"3,747 RSUs that the reporting person elected to receive in lieu of a cash retainer"

vest financial

"The RSUs will vest one-for-one in common stock on the earlier of May 13, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

defer the settlement financial

"The reporting person has elected to defer the settlement of vested RSUs until the first to occur of May 13, 2032"

performance year financial

"The RSUs were granted to the reporting person on May 15, 2026, for service as a director for the 2026-2027 performance year"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

PETRATIS DAVID D

(Last) (First) (Middle)

6077 PRIMACY PARKWAY

(Street)

MEMPHIS TENNESSEE 38119

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sylvamo Corp [ SLVM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/15/2026		A		7,623	A(1)	$38.7	35,106	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reported securities represent 3,876 time-based restricted stock units ("RSUs") and 3,747 RSUs that the reporting person elected to receive in lieu of a cash retainer. The RSUs will vest one-for-one in common stock on the earlier of May 13, 2027, or the next annual shareowners meeting. The reporting person has elected to defer the settlement of vested RSUs until the first to occur of May 13, 2032, or the termination of his service as a director. The RSUs were granted to the reporting person on May 15, 2026, for service as a director for the 2026-2027 performance year.

Remarks:

	/s/ Erin Raccah, attorney in fact for David D. Petratis	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sylvamo (SLVM) report for David D. Petratis?

Sylvamo reported that director David D. Petratis received a grant of 7,623 restricted stock units tied to common stock, as compensation for his 2026-2027 board service, rather than making an open-market purchase or sale of existing shares.

How many Sylvamo (SLVM) shares does David D. Petratis hold after this Form 4?

After the equity award, David D. Petratis is shown holding 35,106 shares of Sylvamo common stock directly. This figure includes the impact of the 7,623 restricted stock units granted for his 2026-2027 director service year.

What are the terms of the Sylvamo (SLVM) RSU grant to director Petratis?

Petratis received 3,876 time-based RSUs and 3,747 RSUs in lieu of a cash retainer. These units vest one-for-one into common stock on the earlier of May 13, 2027, or the next annual shareowners meeting, with settlement deferred up to May 13, 2032.

Was the Sylvamo (SLVM) Form 4 a stock purchase or a compensation grant?

The Form 4 reflects a compensation grant, not a market trade. It records 7,623 restricted stock units awarded to director David D. Petratis for his 2026-2027 board service, including units he chose to receive instead of a traditional cash retainer.

At what reference price were the Sylvamo (SLVM) RSUs granted to Petratis?

The reported transaction uses a reference price of $38.70 per share for the 7,623 restricted stock units. This price is used for reporting purposes and does not indicate an open-market purchase or sale by the director.