Form 4: Sylvamo Corp Director Gottung Lizanne C Reports Acquisition of Dividend Equivalent Units

Director Lizanne C. Gottung reports the acquisition of dividend equivalent units related to previously granted stock units.

Summary

• Lizanne C. Gottung, a director of Sylvamo Corp, reported a transaction on January 24, 2025.
• The transaction involved the acquisition of 9.9773 dividend equivalent units (DEUs) at a price of $81.13.
• These DEUs are accrued on restricted stock units (RSUs) and/or deferred stock units (DSUs) previously granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• The DEUs will vest and be settled under the same terms as the original RSUs or DSUs, with each DEU representing the right to receive one share of Sylvamo Corporation common stock.
• Following the reported transaction, Gottung beneficially owns 163.0211 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating stable corporate governance practices. The sentiment is neutral to slightly positive.

Future Outlook

The dividend equivalent units will vest and be settled on the same terms and conditions as the original RSUs or DSUs to which they relate.

Industry Context

This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies.

Key Dates