Sylvamo (SLVM) SVP Rodrigo Davoli receives 223 dividend equivalent units tied to RSUs

Rhea-AI Filing Summary

Davoli Rodrigo reported acquisition or exercise transactions in this Form 4 filing.

Sylvamo Corp senior vice president and North America general manager Rodrigo Davoli received a routine equity-based compensation adjustment. On the reported date, he was granted 223.1022 dividend equivalent units (DEUs) tied to previously awarded restricted stock units at a reference price of $43.57 per unit.

According to the filing, each DEU represents the right, subject to vesting, to receive one share of Sylvamo common stock and will vest on the same schedule and terms as the original RSUs. Following this grant, Davoli holds a total of 1,362.1411 DEUs directly, reinforcing his long-term, stock-linked compensation without involving any open-market share purchases or sales.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Davoli Rodrigo

Role SVP & GM, North America

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Units	223.102	$43.57	$10K

Holdings After Transaction: Dividend Equivalent Units — 1,362.141 shares (Direct, null)

Footnotes (1)

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Key Figures

Dividend equivalent units granted: 223.1022 units Reference price per DEU: $43.57 per unit Total DEUs after grant: 1,362.1411 units +1 more

4 metrics

Dividend equivalent units granted 223.1022 units Grant of DEUs to Rodrigo Davoli on reported date

Reference price per DEU $43.57 per unit Price per unit in the Form 4 transaction detail

Total DEUs after grant 1,362.1411 units Direct holdings of Davoli following the transaction

Underlying common shares 223.1022 shares Common stock underlying the newly credited DEUs

Key Terms

Dividend Equivalent Units, restricted stock units, DEUs, vest, +1 more

5 terms

Dividend Equivalent Units financial

"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"

restricted stock units financial

"accrued on restricted stock units ("RSUs") previously granted to the Reporting Person"

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.

DEUs financial

"The DEUs will vest and be settled on the same terms and conditions"

vest financial

"The DEUs will vest and be settled on the same terms and conditions"

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.

common stock financial

"Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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^*

Davoli Rodrigo

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & GM, North America

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

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

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
Dividend Equivalent Units	(1)	04/28/2026		A		223.1022		(1)	(1)	Common Stock	223.1022	$43.57	1,362.1411	D

Explanation of Responses:

1. Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") previously granted to the Reporting Person. The DEUs will vest and be settled on the same terms and conditions as the original RSUs 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.

Remarks:

	/s/ Maria St. John Daugherty, attorney in fact for Rodrigo Davoli	04/30/2026
	** 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 Rodrigo Davoli?

Sylvamo reported that SVP & GM, North America, Rodrigo Davoli received 223.1022 dividend equivalent units as an equity award. These units are tied to prior restricted stock units and increase his stock-linked compensation without any open-market buying or selling.

What are dividend equivalent units (DEUs) in the Sylvamo (SLVM) Form 4?

Dividend equivalent units represent additional units credited when dividends are paid on underlying stock for existing equity awards. In Sylvamo’s case, each DEU gives Davoli the right, subject to vesting, to receive one share of common stock, mirroring the original RSU terms.

How many dividend equivalent units does Rodrigo Davoli hold after this Sylvamo (SLVM) grant?

After the reported grant, Rodrigo Davoli holds 1,362.1411 dividend equivalent units directly. These units are associated with his restricted stock units and will vest and settle on the same schedule and conditions as the original RSU awards.

Did the Sylvamo (SLVM) Form 4 show any open-market stock purchases or sales?

No, the Form 4 shows a grant of 223.1022 dividend equivalent units, not an open-market trade. The award is part of Davoli’s equity compensation and reflects dividend-related credits on existing restricted stock units, not discretionary buying or selling.

How do the dividend equivalent units for Sylvamo (SLVM) vest for Rodrigo Davoli?

The dividend equivalent units will vest and be settled on the same terms and conditions as the original restricted stock units they relate to. Each vested DEU entitles Davoli, subject to vesting, to receive one share of Sylvamo common stock.