Form 4: Sylvamo Corp Director Joia M. Johnson Reports Acquisition of Deferred Stock Units

Director Joia M. Johnson reports the acquisition of deferred stock units in Sylvamo Corp due to a dividend declaration.

Summary

• On October 17, 2024, Joia M. Johnson, a director of Sylvamo Corp, acquired 54.7543 deferred stock units (DSUs) due to a dividend declared on shares of Sylvamo Corporation common stock.
• These DSUs were granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• Each DSU represents the economic equivalent of one share of Sylvamo Corporation common stock.
• The DSUs will settle either five or ten years after the applicable Performance Year, or in January following the year Johnson terminates service as a director.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard compensation practices. It doesn't inherently indicate 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 the year Johnson terminates service as a director, according to the terms of the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency regarding the holdings and transactions of company directors.

Stakeholder Impact

• The acquisition of deferred stock units by a director has a minimal direct impact on stakeholders.

Key Dates