Sylvamo director awarded additional dividend units
Zallie James P. reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 28.2209 | $43.57 | $1K |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Dividend Equivalent Units financial
restricted stock units financial
deferred stock units financial
Restricted Stock and Deferred Compensation Plan for Non-Employee Directors financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Sylvamo (SLVM) director James P. Zallie report in this Form 4?
What are Dividend Equivalent Units for Sylvamo (SLVM) directors?
How many Dividend Equivalent Units does James P. Zallie hold after this Sylvamo (SLVM) transaction?
Was the Sylvamo (SLVM) Form 4 transaction a market purchase or sale?
How were the new Sylvamo (SLVM) Dividend Equivalent Units for James P. Zallie calculated?
AI-generated analysis. How Rhea-AI works. Not financial advice.