Form 4: Sylvamo Corp Director Acquires Shares Through Restricted Stock Units

Director David D. Petratis acquired 5,221 shares of Sylvamo Corp common stock through restricted stock units (RSUs) on May 15, 2025.

Summary

• On May 15, 2025, David D. Petratis, a director of Sylvamo Corp, acquired 5,221 shares of common stock.
• The acquisition was made through the granting of restricted stock units (RSUs).
• 2,655 of these RSUs are time-based, and 2,566 were elected in lieu of a cash retainer.
• The RSUs will vest one-for-one in common stock on May 15, 2026, or the next annual shareowners meeting.
• The settlement of vested RSUs is deferred until the earlier of May 15, 2036, or termination of service as a director.
• The price per share was $56.51.
• Following the transaction, Petratis directly owns 26,790 shares of Sylvamo Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a director's stock acquisition through RSUs, which is a common compensation practice. There's no indication of positive or negative sentiment towards the company's performance.

Positives

• The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance, but it does outline the vesting and settlement schedule for the acquired RSUs.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions. It provides transparency into the actions of company directors and their holdings in the company. Such filings are common and expected in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The vesting schedule and deferral of settlement for RSUs are common compensation practices for directors in many companies, including those in the paper and packaging industry.

Key Dates

Keywords

Sylvamo Corp, Director, David D. Petratis, RSUs, Common Stock, Acquisition, Beneficial Ownership