Form 4: Director Joia M. Johnson Acquires Deferred Stock Units in Sylvamo Corp (SLVM) Due to Dividend Declaration

Joia M. Johnson, a director of Sylvamo Corp, acquired deferred stock units (DSUs) as a result of a dividend declared on the company's common stock.

Summary

• On April 29, 2025, Joia M. Johnson, a director of Sylvamo Corp, acquired 79.5566 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 Johnson terminates service as a director, based on her election.
• Following the transaction, Johnson directly owns 601.4963 shares of Sylvamo Corp.
• The price per share was $60.5.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of director interests with shareholders.

Positives

• The acquisition of DSUs indicates continued alignment of the director's interests with those of the shareholders.

Future Outlook

The DSUs will settle according to the reporting person's election of either five (5) or ten (10) years upon the last day of the applicable Performance Year (as defined in the Plan), or if earlier, January of the next calendar year following the year in which the reporting person terminates service as a director.

Industry Context

This filing is a routine disclosure of a director's acquisition of deferred stock units, which is a common form of compensation in publicly traded companies. It reflects standard corporate governance practices.

Stakeholder Impact

• The acquisition of DSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Sylvamo Corp, Joia M. Johnson, Deferred Stock Units, DSUs, Dividend, Director, Form 4, Beneficial Ownership