Sylvamo Corp (NYSE: SLVM) director awarded 463 deferred stock units
Rhea-AI Filing Summary
PETRATIS DAVID D reported acquisition or exercise transactions in this Form 4 filing.
Sylvamo Corp director David D. Petratis received an automatic credit of 463.5865 deferred stock units as dividend equivalent units on previously granted RSUs/DSUs under the non-employee director plan. Each unit represents the right to one common share, vesting on the same schedule as the underlying awards, bringing his direct deferred holdings to 2,868.6667 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PETRATIS DAVID D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1 | 463.5865 | $38.92 | $18K |
Holdings After Transaction:
Deferred Stock Units — 2,868.6667 shares (Direct)
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
Deferred stock units granted: 463.5865 units
Reference price per unit: $38.9200
Deferred stock units after grant: 2868.6667 units
3 metrics
Deferred stock units granted
463.5865 units
Dividend equivalent units credited on 2026-07-28 to David D. Petratis
Reference price per unit
$38.9200
Price field associated with the 463.5865 deferred stock units on 2026-07-28
Deferred stock units after grant
2868.6667 units
Total direct deferred stock units held by David D. Petratis following the transaction
Key Terms
Deferred Stock Units, dividend equivalent units, restricted stock units, Deferred Compensation Plan
4 terms
Deferred Stock Units financial
"security_title: "Deferred Stock Units" reported for the transaction"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalent units financial
"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
restricted stock units financial
"accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Deferred Compensation Plan financial
"under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sylvamo (SLVM) report for David D. Petratis?
Sylvamo reported that director David D. Petratis was credited with 463.5865 deferred stock units on July 28, 2026. These are dividend equivalent units tied to previously granted RSUs/DSUs under the non-employee director Restricted Stock and Deferred Compensation Plan.
How many deferred stock units does David D. Petratis hold in Sylvamo (SLVM) after this transaction?
After the July 28, 2026 credit, David D. Petratis holds 2,868.6667 deferred stock units directly. This total reflects the addition of 463.5865 dividend equivalent units earned on earlier RSU/DSU awards under Sylvamo’s non-employee director plan.
What are dividend equivalent units in Sylvamo (SLVM)'s director compensation plan?
Dividend equivalent units, or DEUs, are credits that mirror dividends on previously granted RSUs/DSUs. Each DEU represents the right, subject to vesting, to receive one share of Sylvamo common stock and follows the same vesting and settlement terms as the underlying awards.
When will the new Sylvamo (SLVM) dividend equivalent units for David D. Petratis vest and settle?
The newly credited 463.5865 dividend equivalent units will vest and be settled on the same terms and conditions as the original RSUs or DSUs. Vesting timing therefore matches the schedules of the underlying director equity awards previously granted to David D. Petratis.
Is the July 28, 2026 Sylvamo (SLVM) director award reported under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked as affirmative. The transaction is reported as a routine award of dividend equivalent deferred stock units rather than as a trade executed under a pre-arranged 10b5-1 trading plan.