Insider Report: SLVM VP Ferguson Withholds 75.34 Shares for Taxes
Rhea-AI Filing Summary
Sylvamo Corp (SLVM) insider filing: Kevin W. Ferguson, listed as VP, Controller and Chief Accounting Officer, reported a transaction on 09/01/2025 disposing of 75.3364 shares of common stock at a price of $46.13 per share. After the transaction he beneficially owns 11,148.9473 shares directly. The filing explains the shares were withheld for taxes upon vesting of restricted stock units (RSUs), and that the deemed disposition of withheld shares is exempt under Rule 16b-3(e). The Form 4 was signed by an attorney-in-fact on 09/02/2025. No other transactions, derivative activity, or additional disclosures are included.
Positive
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Negative
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Insights
TL;DR: Routine tax-withholding on vested RSUs; exempt disposition under Rule 16b-3(e); not a material open-market sale.
The filing documents a common, administrative disposition of 75.3364 shares to satisfy tax withholding obligations tied to RSU vesting. The entry notes the Rule 16b-3(e) exemption for deemed dispositions, which is consistent with standard Section 16 reporting for equity compensation. There is no evidence in this Form 4 of open-market selling, open-market purchases, or derivative activity that would materially change ownership or signal a change in insider sentiment.
TL;DR: Disclosure meets Section 16 requirements; transaction appears procedural and non-material.
The report identifies the reporting person and role, provides transaction date, price, and post-transaction holdings, and includes the required explanatory remark that shares were withheld for taxes. The signature by an attorney-in-fact is properly noted. For governance and audit purposes, this is a routine disclosure of compensation-related withholding rather than a voluntary divestiture or strategic transaction.