Form 4: Sylvamo Corp Director Karl L. Meyers Reports Acquisition of Deferred Stock Units

Director Karl L. Meyers reports acquisition of deferred stock units in Sylvamo Corp due to dividend declaration.

Summary

• On January 24, 2025, Karl L. Meyers, a director of Sylvamo Corp, acquired 55.1382 deferred stock units (DSUs) due to a dividend declared on shares of Sylvamo Corporation common stock.
• The price of the derivative security is $81.13.
• Following the transaction, Meyers directly owns 355.9508 DSUs.
• These DSUs were granted under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• Each DSU is equivalent to 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 document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it aligns director interests with company performance.

Positives

• The acquisition of DSUs reflects continued alignment of the director's interests with the company's performance.

Future Outlook

The DSUs 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

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of DSUs by a director signals alignment of interests with shareholders.

Key Dates