Form 4: Sylvamo Corp Director Lizanne C. Gottung Acquires Shares Through Restricted Stock Units
SEC Form 4
Director Lizanne C. Gottung acquired 2,655 shares of Sylvamo Corp through restricted stock units (RSUs) granted for her service as a director.
Summary
- On May 15, 2025, Lizanne C. Gottung, a director of Sylvamo Corp, acquired 2,655 shares of common stock.
- The acquisition was in the form of time-based restricted stock units (RSUs) granted for her service as a director for the 2025-2026 performance year.
- The RSUs will vest and settle one-for-one in common stock upon the earlier of May 15, 2026, or the next annual shareowners meeting.
- The price per share was $56.51.
- Following the transaction, Gottung directly owns 13,829 shares of Sylvamo Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The acquisition of shares by a director is generally viewed positively, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Future Outlook
The RSUs will vest and settle one-for-one in common stock upon the earlier of May 15, 2026, or the next annual shareowners meeting.
Industry Context
This is a standard practice for compensating directors of publicly traded companies. Granting RSUs aligns the director's interests with those of the shareholders.
Comparison to Industry Standards
- Director compensation packages often include a mix of cash and equity.
- RSUs are a common form of equity compensation, vesting over a period of time to incentivize long-term commitment.
- The specific amount and vesting schedule of RSUs vary depending on the company's size, industry, and compensation philosophy.
- Comparing Sylvamo's director compensation to peers in the paper and packaging industry would provide a more detailed assessment.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Acquisition of 2,655 shares of common stock through RSUs. |
| 05/15/2026 | RSUs will vest and settle one-for-one in common stock upon the earlier of this date, or the next annual shareowners meeting. |
| 05/16/2025 | Date of signature by attorney in fact. |
Keywords
Sylvamo Corp, Director, Lizanne C. Gottung, RSUs, Restricted Stock Units, Share Acquisition, Form 4, Beneficial Ownership
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