Sylvamo (NYSE: SLVM) director receives new dividend equivalent stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zallie James P. reported acquisition or exercise transactions in this Form 4 filing.
Sylvamo Corp director James P. Zallie received additional stock-based compensation through dividend equivalents. He was granted 28.2209 Dividend Equivalent Units tied to prior restricted or deferred stock awards, at a reference price of $43.57 per unit. Following this award, he holds a total of 282.1069 such units, each representing the right to receive one share of common stock upon vesting under the plan’s original terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zallie James P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 28.221 | $43.57 | $1K |
Holdings After Transaction:
Dividend Equivalent Units — 282.107 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend Equivalent Units granted: 28.2209 units
Reference price per unit: $43.57 per unit
Total DEUs after transaction: 282.1069 units
+1 more
4 metrics
Dividend Equivalent Units granted
28.2209 units
Grant/award acquisition on 2026-04-28
Reference price per unit
$43.57 per unit
Transaction price per share for the DEUs
Total DEUs after transaction
282.1069 units
Holdings following the reported grant
Underlying common stock
28.2209 shares
Shares underlying newly granted DEUs
Key Terms
Dividend Equivalent Units, restricted stock units, deferred stock units, Restricted Stock and Deferred Compensation Plan for Non-Employee Directors, +1 more
5 terms
Dividend Equivalent Units financial
"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"
restricted stock units financial
"accrued on restricted stock units ("RSUs") and/or deferred stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferred stock units financial
"RSUs and/or deferred stock units ("DSUs") previously granted to the Reporting Person"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Restricted Stock and Deferred Compensation Plan for Non-Employee Directors financial
"previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors"
vesting financial
"The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did Sylvamo (SLVM) director James P. Zallie report in this Form 4?
James P. Zallie reported receiving 28.2209 Dividend Equivalent Units as stock-based compensation. These units were credited in connection with a dividend on Sylvamo common stock and are tied to previously granted restricted or deferred stock awards.
What are Dividend Equivalent Units for Sylvamo (SLVM) directors?
Dividend Equivalent Units are bookkeeping entries that mirror dividends on common stock for prior stock awards. Each unit represents the right, subject to vesting, to receive one Sylvamo common share, matching the terms of the original RSUs or DSUs previously granted to the director.
How many Dividend Equivalent Units does James P. Zallie hold after this Sylvamo (SLVM) transaction?
After this transaction, James P. Zallie holds 282.1069 Dividend Equivalent Units. Each unit corresponds, upon vesting and settlement, to one share of Sylvamo common stock under the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
Was the Sylvamo (SLVM) Form 4 transaction a market purchase or sale?
The Form 4 reflects a grant or award acquisition, not a market trade. Zallie received 28.2209 Dividend Equivalent Units as compensation under Sylvamo’s non-employee director plan, rather than buying or selling shares in the open market.
How were the new Sylvamo (SLVM) Dividend Equivalent Units for James P. Zallie calculated?
The 28.2209 Dividend Equivalent Units accrued on previously granted RSUs or DSUs in connection with a dividend on Sylvamo common stock. The number of units was calculated and then rounded to four decimal places, according to the footnote disclosure.