STOCK TITAN

Sylvamo (SLVM) CEO granted RSUs and PSUs with tax share withholding

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sylvamo Corp CEO and President John V. Sims reported equity compensation activity involving the company’s common stock. He acquired 40,118 time-based restricted stock units (RSUs) and 15,103.5134 performance-based restricted stock units (PSUs) that settled in common shares on March 1, 2026.

The RSUs vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029, subject to continued service, with provisions for prorated accelerated vesting in certain termination or retirement scenarios. In connection with RSU and PSU vesting, 7,122.8755 shares were withheld at $46.30 per share to cover tax obligations.

Positive

  • None.

Negative

  • None.
Insider SIMS JOHN V
Role CEO & President
Type Security Shares Price Value
Grant/Award Common Stock 40,118 $0.00 --
Grant/Award Common Stock 15,103.513 $0.00 --
Tax Withholding Common Stock 7,122.876 $46.30 $330K
Holdings After Transaction: Common Stock — 130,298.6 shares (Direct)
Footnotes (1)
  1. 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. 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, 2025 under the issuer's long-term incentive plan, with vesting contingent upon the achievement of financial performance criteria. 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).
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*
SIMS JOHN V

(Last) (First) (Middle)
6077 PRIMACY PARKWAY

(Street)
MEMPHIS TN 38119

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
CEO & President
3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/01/2026 A 40,118(1) A $0.00 130,298.6003 D
Common Stock 03/01/2026 A 15,103.5134(2) A $0.00 145,402.1137 D
Common Stock 03/01/2026 F(3) 7,122.8755 D $46.3 138,279.2382 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 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.
2. 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, 2025 under the issuer's long-term incentive plan, with vesting contingent upon the achievement of financial performance criteria.
3. 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).
Remarks:
/s/ Maria St. John Daugherty, attorney in fact for John V. Sims 03/03/2026
** 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.

FAQ

What stock awards did Sylvamo (SLVM) CEO John V. Sims receive?

John V. Sims received 40,118 time-based RSUs and 15,103.5134 PSUs in Sylvamo common stock. The PSUs vested on March 1, 2026, while the RSUs will vest in three annual installments starting March 1, 2027, subject to his continued service.

How do the new Sylvamo CEO RSUs vest over time?

The 40,118 time-based RSUs granted to Sylvamo CEO John V. Sims vest in three equal parts. They vest one-third on March 1, 2027, one-third on March 1, 2028, and the final third on March 1, 2029, assuming he continues in service.

What performance conditions applied to Sylvamo CEO PSUs?

The PSUs granted to Sylvamo’s CEO on March 1, 2025 vested on March 1, 2026. Vesting depended on the achievement of financial performance criteria under the company’s long-term incentive plan, and then settled one-for-one in common stock, rounded to four decimal places.

Why were shares disposed of in Sylvamo CEO’s Form 4 filing?

The 7,122.8755 shares shown as a disposition were withheld to cover taxes on vested RSUs and PSUs at $46.30 per share. This tax-withholding transaction is exempt under Rule 16b-3(e) and does not represent an open-market sale by the CEO.

Can Sylvamo CEO’s RSUs vest earlier than scheduled?

The RSUs may vest earlier on a prorated basis if certain events occur. These include termination with severance rights, a business divestiture, or death, disability, or retirement, all subject to the specific terms and conditions of the RSU award agreement.