Form 4: Director Jeanmarie F. Desmond Acquires Deferred Stock Units in Sylvamo Corp (SLVM)

Jeanmarie F. Desmond, a director of Sylvamo Corp, reports the acquisition of deferred stock units (DSUs) related to a dividend declared on common stock.

Summary

• On April 29, 2025, Jeanmarie F. Desmond, a director of Sylvamo Corp, acquired 36.5276 deferred stock units (DSUs) due to a dividend declared on shares of Sylvamo Corporation common stock.
• These DSUs were granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• Each DSU represents the economic equivalent of one share of Sylvamo Corporation common stock.
• The DSUs will settle either five or ten years after the applicable Performance Year, or in January following the year Desmond terminates service as a director, based on her election.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. There are no indications of positive or negative performance.

Future Outlook

The DSUs will settle either five or ten years after the applicable Performance Year, or in January following the year Desmond terminates service as a director, based on her election.

Industry Context

This Form 4 filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Form 4, Sylvamo Corp, SLVM, Director, Jeanmarie F. Desmond, Deferred Stock Units, DSU, Dividend, Restricted Stock, Compensation Plan, Non-Employee Directors