Form 4: Sylvamo Corp Director James P. Zallie Acquires Restricted Stock Units

Director James P. Zallie acquired 2,655 restricted stock units (RSUs) of Sylvamo Corp on May 15, 2025, as compensation for board service.

Summary

• On May 15, 2025, James P. Zallie, a director of Sylvamo Corp, acquired 2,655 shares of common stock in the form of restricted stock units (RSUs).
• The RSUs were granted for his service as a director for the 2025-2026 performance year.
• These RSUs will vest and settle one-for-one in common stock on the earlier of May 15, 2026, or the next annual shareowners meeting.
• Following the transaction, Zallie directly owns 12,829 shares of Sylvamo Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs to a director is a common practice and suggests confidence in the company's future.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

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 practice for compensating board members in publicly traded companies.

Comparison to Industry Standards

• Granting restricted stock units to directors is a common practice among publicly traded companies to align their interests with those of shareholders.
• The vesting schedule of one year is fairly standard.
• Comparable companies such as International Paper (IP) and WestRock (WRK) also utilize equity-based compensation for their board members.

Stakeholder Impact

• The acquisition of RSUs by a director aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Sylvamo Corp, James P. Zallie, Director, RSU, Restricted Stock Units, Beneficial Ownership, Form 4, SLVM