Sylvamo (SLVM) officer receives 57.9 dividend units, total 551.2
Rhea-AI Filing Summary
Sylvamo Corp executive Kevin W. Ferguson reported a routine equity-related award tied to his existing compensation. On 01/23/2026, he acquired 57.9332 dividend equivalent units (DEUs) at a reference price of $51.05 per unit. These DEUs accrued on previously granted restricted stock units (RSUs) and will vest and be settled on the same terms as the original RSUs. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo common stock. Following this transaction, Ferguson beneficially owned 551.1839 DEUs directly.
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FAQ
What insider transaction did Sylvamo (SLVM) report for Kevin W. Ferguson?
The company reported that VP, Controller and Chief Accounting Officer Kevin W. Ferguson acquired 57.9332 dividend equivalent units (DEUs) related to previously granted restricted stock units on 01/23/2026.
How many Sylvamo DEUs does Kevin W. Ferguson hold after this transaction?
After the 01/23/2026 transaction, Kevin W. Ferguson beneficially owned 551.1839 dividend equivalent units directly.
What are dividend equivalent units (DEUs) in the context of Sylvamo (SLVM)?
For Sylvamo, the filing explains that each dividend equivalent unit accrues on previously granted restricted stock units, will vest on the same terms as those RSUs, and represents the right to receive, subject to vesting, one share of Sylvamo common stock.
Was the Sylvamo (SLVM) insider transaction a purchase or an award?
The Form 4 shows an acquisition coded "A" of 57.9332 derivative securities in the form of dividend equivalent units credited in connection with existing restricted stock units, rather than an open-market purchase.
Does this Sylvamo (SLVM) Form 4 involve derivative securities or common stock directly?
The reported transaction involves derivative securities classified as dividend equivalent units. Each unit is tied to one share of Sylvamo common stock, subject to vesting, rather than being an immediate share of common stock.
What role does Kevin W. Ferguson hold at Sylvamo (SLVM)?
Kevin W. Ferguson is reported as an officer of Sylvamo Corp, serving as VP, Controller and Chief Accounting Officer.