Form 4: Sylvamo Corp Director Christine S. Breves Reports Stock Unit Acquisition
SEC Form 4 Filing
Director Christine S. Breves reports acquisition of deferred stock units and dividend equivalent units in Sylvamo Corp.
Summary
- On October 17, 2024, Christine S. Breves, a director of Sylvamo Corp, acquired deferred stock units (DSUs) and dividend equivalent units (DEUs).
- Breves acquired 28.5881 DSUs at a price of $86.97, bringing her total holdings to 219.7126 DSUs.
- Additionally, she acquired 9.2594 DEUs at $86.97, increasing her total to 93.2413 DEUs.
- These units were granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting routine stock unit acquisitions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The deferred stock units will settle either five or ten years after the applicable Performance Year, or in January following termination of service as a director.
Industry Context
This Form 4 filing is a routine disclosure related to director compensation and holdings, providing transparency to investors.
Stakeholder Impact
- The report provides transparency to shareholders regarding director compensation and equity ownership.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Date of transaction: acquisition of deferred stock units and dividend equivalent units. |
| 10/21/2024 | Date of report signature. |
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