Sylvamo CEO receives RSU and PSU share awards
Sylvamo Corp CEO and President John V. Sims reported equity compensation activity involving the company’s common stock.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40,118 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 15,103.5134 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,122.8755 | $46.30 | $330K |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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).
FAQ
What stock awards did Sylvamo (SLVM) CEO John V. Sims receive?
How do the new Sylvamo CEO RSUs vest over time?
What performance conditions applied to Sylvamo CEO PSUs?
Can Sylvamo CEO’s RSUs vest earlier than scheduled?
AI-generated analysis. How Rhea-AI works. Not financial advice.