Sylvamo VP covers RSU taxes with share withholding
Sylvamo Corp executive Kevin W. Ferguson, VP, Controller and Chief Accounting Officer, had 204.0278 shares of common stock withheld at a deemed price of $39.27 per share to cover taxes on vesting restricted stock units (RSUs).
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Rhea-AI Filing Summary
Sylvamo Corp executive Kevin W. Ferguson, VP, Controller and Chief Accounting Officer, had 204.0278 shares of common stock withheld at a deemed price of $39.27 per share to cover taxes on vesting restricted stock units (RSUs). This is a tax-withholding disposition, not an open-market sale. After the withholding, Ferguson directly holds 6,052.9248 shares of Sylvamo common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 204.0278 | $39.27 | $8K |
Footnotes (1)
- F1. 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).
Key Figures
Key Terms
RSUs financial
Rule 16b-3(e) regulatory
tax-withholding disposition financial
FAQ
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What did Sylvamo (SLVM) executive Kevin Ferguson report in this Form 4?
Was this Sylvamo (SLVM) Form 4 transaction an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.