Sylvamo SVP granted 223 dividend equivalent units
Davoli Rodrigo reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 223.1022 | $43.57 | $10K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Dividend Equivalent Units financial
restricted stock units financial
DEUs financial
vest financial
common stock financial
FAQ
What insider transaction did Sylvamo (SLVM) report for Rodrigo Davoli?
What are dividend equivalent units (DEUs) in the Sylvamo (SLVM) Form 4?
How many dividend equivalent units does Rodrigo Davoli hold after this Sylvamo (SLVM) grant?
Did the Sylvamo (SLVM) Form 4 show any open-market stock purchases or sales?
How do the dividend equivalent units for Sylvamo (SLVM) vest for Rodrigo Davoli?
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