Form 4: Sylvamo Corp Director Jonathan Paul Rollinson Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Jonathan Paul Rollinson reports acquisition of deferred stock units in Sylvamo Corp due to dividend declaration.
Summary
- On April 29, 2025, Jonathan Paul Rollinson, a director of Sylvamo Corp, acquired 120.1263 deferred stock units (DSUs) due to a dividend declared on shares of Sylvamo Corporation common stock.
- Following this transaction, Rollinson directly owns 920.4432 DSUs.
- 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 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 sentiment is neutral as it reflects a standard transaction related to director compensation. There are no indications of positive or negative implications for the company's performance.
Future Outlook
The deferred stock units will settle according to the reporting person's election of either five (5) or ten (10) years upon the last day of the applicable Performance Year (as defined in the Plan), or if earlier, January of the next calendar year following the year in which the reporting person terminates service as a director.
Industry Context
This filing is a routine disclosure of a director's acquisition of deferred stock units, which is a common form of compensation for non-employee directors.
Stakeholder Impact
- The acquisition of deferred stock units by a director has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date of transaction: Jonathan Paul Rollinson acquired 120.1263 deferred stock units. |
| 05/01/2025 | Date of report: St. John Daugherty, attorney in fact for J. Paul Rollinson, signed the report. |
Keywords
Sylvamo Corp, Director, Deferred Stock Units, DSU, Dividend, Form 4, Rollinson, Beneficial Ownership
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