Sylvamo (NYSE: SLVM) SVP granted RSUs and PSUs, shares withheld for taxes
Rhea-AI Filing Summary
Sylvamo Corp senior vice president and North America general manager Rodrigo Davoli reported equity compensation awards and related tax withholding in common stock.
On March 1, 2026, he acquired 5,405 time-based RSUs and 4,591.5012 PSUs that settle one-for-one in common shares. The RSUs vest in three equal installments on March 1, 2027, 2028, and 2029, assuming continued service. The PSUs vested and settled in shares on March 1, 2026 based on financial performance goals from a March 1, 2023 grant.
Also on March 1, 2026, 2,069.9195 shares at $46.30 per share were withheld to cover taxes tied to RSU and PSU vesting, which is recorded as a disposition but not an open-market sale. After these transactions, Davoli directly holds 49,734.2118 Sylvamo common shares.
Positive
- None.
Negative
- None.