Form 4: Sylvamo Corp Director David D. Petratis Reports Acquisition of Deferred Stock Units

Director David D. Petratis reports acquisition of deferred stock units in Sylvamo Corp due to dividend declaration.

Summary

• On January 24, 2025, David D. Petratis, a director of Sylvamo Corp, acquired 125.0793 deferred stock units (DSUs) due to a dividend declared on shares of Sylvamo Corporation common stock.
• The price of the derivative security is $81.13.
• Following the transaction, Petratis beneficially owns 1,106.4871 DSUs.
• These DSUs were granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• Each DSU is equivalent to one share of Sylvamo Corporation common stock and will settle either five or ten years after the applicable Performance Year, or in January following termination of service as a director.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, indicating stability and alignment of interests. It is neither overly positive nor negative.

Positives

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

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 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Comparison to Industry Standards

• Executive compensation packages often include deferred stock units to align management's interests with long-term shareholder value.
• The terms of the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors appear to be standard practice for director compensation in publicly traded companies.
• Similar plans are used by companies like International Paper and WestRock to compensate their non-employee directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's long-term performance.

Key Dates