Sylvamo (SLVM) CFO has shares withheld for RSU tax obligations

Rhea-AI Filing Summary

Sylvamo Corp reported an insider transaction for SVP Chief Financial Officer Donald P. Devlin involving restricted stock unit vesting. On the transaction date, 812.6736 shares of common stock were withheld to cover tax obligations, valued at $39.27 per share. This was a tax-withholding disposition, not an open-market trade, and was exempt under Rule 16b-3(e). After the withholding, Devlin directly owns 28,174.4975 shares of Sylvamo common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Devlin Donald P.

Role SVP Chief Financial Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	812.674	$39.27	$32K

Holdings After Transaction: Common Stock — 28,174.498 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 812.6736 shares Deemed price per share: $39.27 per share Post-transaction holdings: 28,174.4975 shares +1 more

4 metrics

Shares withheld for taxes 812.6736 shares Common stock withheld in connection with RSU vesting

Deemed price per share $39.27 per share Value used for the tax-withholding disposition

Post-transaction holdings 28,174.4975 shares Common shares directly owned after withholding

Tax-withholding transactions 1 transaction, 812.6736 shares Aggregate tax-withholding activity in this Form 4

Key Terms

RSUs, Rule 16b-3(e), tax-withholding disposition

3 terms

RSUs financial

"Represents shares withheld for taxes in connection with vesting of RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Rule 16b-3(e) regulatory

"The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e)."

tax-withholding disposition financial

"transaction_action: tax-withholding disposition"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Devlin Donald P.

(Last) (First) (Middle)

C/O SYLVAMO CORPORATION

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/01/2026		F(1)		812.6736	D	$39.27	28,174.4975	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld for taxes in connection with vesting of RSUs. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).

Remarks:

	/s/ Erin Raccah, attorney in fact for Donald P. Devlin	06/02/2026
	** Signature of Reporting Person	Date
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 insider transaction did Sylvamo (SLVM) report for its CFO?

Sylvamo reported that CFO Donald P. Devlin had 812.6736 common shares withheld for taxes upon RSU vesting. This tax-withholding disposition, at $39.27 per share, was exempt under Rule 16b-3(e) and was not an open-market buy or sell.

Was the Sylvamo (SLVM) CFO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. Shares were withheld to satisfy tax obligations related to RSU vesting, classified as a tax-withholding disposition under code F and exempt pursuant to Rule 16b-3(e), rather than a discretionary sale of shares.

How many Sylvamo (SLVM) shares were withheld for the CFO’s taxes?

A total of 812.6736 Sylvamo common shares were withheld to cover taxes triggered by restricted stock unit vesting. The deemed disposition price was $39.27 per share, reflecting the value used for tax purposes under the Form 4 disclosure.

How many Sylvamo (SLVM) shares does the CFO hold after this transaction?

Following the tax withholding, CFO Donald P. Devlin directly holds 28,174.4975 Sylvamo common shares. This figure reflects his post-transaction ownership after 812.6736 shares were withheld to satisfy tax liabilities associated with vesting restricted stock units.

What does Rule 16b-3(e) exemption mean in the Sylvamo (SLVM) Form 4?

The Rule 16b-3(e) exemption means the deemed disposition from tax withholding on RSU vesting is exempt from short-swing profit rules. In this case, 812.6736 shares were withheld for taxes, and that non-market transaction qualifies for this specific regulatory exemption.