Form 4: Sylvamo Corp Director Christine S. Breves Acquires 2,655 Shares of Common Stock

Director Christine S. Breves acquired 2,655 shares of Sylvamo Corp common stock on May 15, 2025, as part of a restricted stock unit grant.

Summary

• On May 15, 2025, Christine S. Breves, a director of Sylvamo Corp, acquired 2,655 shares of common stock.
• The acquisition was part of a grant of time-based restricted stock units (RSUs) for service as a director for the 2025-2026 performance year.
• The RSUs will vest and settle one-for-one in common stock on the earlier of May 15, 2026, or the next annual shareowners meeting.
• The price per share was $56.51.
• Following the transaction, Ms. Breves directly owns 15,200 shares of Sylvamo Corp common stock.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing related to director compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The RSUs will vest and settle one-for-one in common stock upon the earlier of May 15, 2026, or the next annual shareowners meeting.

Industry Context

This is a standard Form 4 filing related to director compensation in the form of stock grants, which is a common practice among publicly traded companies.

Comparison to Industry Standards

• Director compensation packages often include stock grants or options to align their interests with those of shareholders.
• The vesting schedule of the RSUs (one year) is fairly standard for director equity grants.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.

Key Dates

Keywords

Sylvamo Corp, Director, Christine S. Breves, Common Stock, Restricted Stock Units, RSUs, Acquisition, Beneficial Ownership, Form 4