Form 4: Sylvamo Corp Director Jonathan Paul Rollinson Reports Acquisition of Deferred Stock Units and Dividend Equivalent Units

Director Jonathan Paul Rollinson reports acquisition of deferred stock units and dividend equivalent units related to Sylvamo Corp common stock.

Summary

• On April 29, 2024, Jonathan Paul Rollinson, a director of Sylvamo Corp, acquired deferred stock units (DSUs) and dividend equivalent units (DEUs) related to Sylvamo Corporation common stock.
• Rollinson acquired 60.537 DSUs at a price of $62.55 each.
• Additionally, Rollinson acquired 14.5637 DEUs at a price of $62.55 each.
• These transactions are related to dividends declared on shares of Sylvamo Corporation common stock and are governed by the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Rollinson directly owns 534.5016 DSUs and 88.1026 DEUs.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices, indicating stability and alignment of interests. It is a neutral to slightly positive event.

Positives

• The acquisition of DSUs and DEUs indicates continued alignment of the director's interests with those of the shareholders.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

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

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders as it aligns the director's interests with those of the shareholders.

Key Dates