Form 4: Sylvamo Corp Director James P. Zallie Reports Dividend Equivalent Units Acquisition

Director James P. Zallie reports acquisition of dividend equivalent units related to restricted stock units.

Summary

• James P. Zallie, a director of Sylvamo Corp, reported the acquisition of 13.4537 dividend equivalent units (DEUs) on April 29, 2025.
• These DEUs are accrued on previously granted restricted stock units (RSUs) and/or deferred stock units (DSUs) under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• The DEUs are connected to a dividend paid on Sylvamo Corporation common stock.
• Each DEU represents the right to receive one share of Sylvamo Corporation common stock, subject to vesting.
• Following the transaction, Zallie directly owns 176.4748 DEUs.
• The price of the dividend is $60.5.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. There is no indication of positive or negative performance.

Future Outlook

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

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive compensation with company performance.

Key Dates

Keywords

dividend equivalent units, DEUs, restricted stock units, RSUs, deferred stock units, DSUs, Form 4, Sylvamo Corp, Zallie, director, beneficial ownership