STOCK TITAN

Sylvamo (NYSE: SLVM) director receives new dividend equivalent stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
SEC Form 4
FORM 4UNITED 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*
Zallie James P.

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

(Street)
MEMPHIS TENNESSEE 38119

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Sylvamo Corp [ SLVM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend Equivalent Units(1)04/28/2026A28.2209 (1) (1)Common Stock28.2209$43.57282.1069D
Explanation of Responses:
1. Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs") previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors ("Plan"), in connection with a dividend paid on shares of Sylvamo Corporation common stock. The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. The number of DEUs has been rounded to 4 decimal points.
Remarks:
/s/ Maria St. John Daugherty, attorney in fact for James P. Zallie04/30/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.