Sylvamo Corp (SLVM) SVP gains 101.087 dividend equivalent units
Rhea-AI Filing Summary
Sylvamo Corp SVP & Chief People Officer Marcia Vargas reported an automatic award of dividend equivalent units tied to prior equity grants. On January 23, 2026, she acquired 101.087 dividend equivalent units (DEUs) at $51.05 each, increasing her holdings of these derivative securities to 654.9018 DEUs, held directly. The DEUs accrue on restricted stock units previously granted to her and will vest and settle on the same terms as those original RSUs, with each DEU representing the right to receive, subject to vesting, one share of Sylvamo common stock.
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FAQ
What insider transaction did SLVM SVP Marcia Vargas report on January 23, 2026?
On January 23, 2026, Sylvamo SVP & Chief People Officer Marcia Vargas reported acquiring 101.087 dividend equivalent units (DEUs) related to previously granted restricted stock units.
How many dividend equivalent units does Marcia Vargas hold after this SLVM Form 4 filing?
Following the reported transaction, Marcia Vargas beneficially owns 654.9018 dividend equivalent units, all reported as held directly.
What are dividend equivalent units (DEUs) in the context of Sylvamo (SLVM)?
Dividend equivalent units are amounts that accrue on previously granted restricted stock units (RSUs). For this award, each DEU represents the right to receive, subject to vesting, one share of Sylvamo common stock.
Do the DEUs for SLVM insider Marcia Vargas have the same vesting terms as her RSUs?
Yes. The filing states that the DEUs will vest and be settled on the same terms and conditions as the original restricted stock units to which they relate.
What transaction code is used for the Sylvamo (SLVM) DEU award to Marcia Vargas?
The transaction is reported with transaction code A, indicating an acquisition of 101.087 dividend equivalent units on January 23, 2026.
How is the price per unit reported for the Sylvamo (SLVM) DEUs acquired by Marcia Vargas?
The Form 4 reports a price of $51.05 per dividend equivalent unit for the 101.087 DEUs acquired on January 23, 2026.