Sylvamo SVP gets RSU grant; shares withheld for tax
Sylvamo Corp executive Marcia Vargas, SVP & Chief People Officer, reported compensation-related stock activity.
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Rhea-AI Filing Summary
Sylvamo Corp executive Marcia Vargas, SVP & Chief People Officer, reported compensation-related stock activity. She had 2,027.9722 common shares withheld at $46.3000 per share to cover taxes upon RSU vesting, and received a grant of 5,236 time-based RSUs that settle one-for-one in common stock. After these transactions, she directly holds 14,178.8165 common shares. The RSUs vest one-third on each of March 1, 2027, March 1, 2028, and March 1, 2029, subject to continued service and award terms, with certain prorated accelerated vesting scenarios.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,027.9722 | $46.30 | $94K |
| Grant/Award | Common Stock | 5,236 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents shares withheld for taxes in connection with vesting of RSUs, rounded to four decimal places. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
- F2. The reported securities represent time-based restricted stock units ("RSUs") that settle one-for-one in common stock upon vesting. The RSUs will vest, subject to the reporting person's continued service, one-third on each of March 1, 2027, March 1, 2028, and March 1, 2029. Accelerated vesting of a prorated number of the RSUs would occur, based upon length of service during the RSU vesting period and subject to the RSU award terms and conditions, upon employment termination resulting in severance rights, resulting from a business divestiture, or due to death, disability or retirement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Sylvamo (SLVM) report for Marcia Vargas?
Were the Sylvamo (SLVM) insider transactions open-market buys or sales?
What are the vesting terms of the new RSUs reported by Sylvamo (SLVM)?
Can the reported Sylvamo (SLVM) RSUs vest early for Marcia Vargas?
AI-generated analysis. How Rhea-AI works. Not financial advice.