Form 4: Sylvamo Corp Director Mark Wilde Reports Acquisition of Dividend Equivalent Units

Director Mark Wilde reports the acquisition of dividend equivalent units related to previously granted stock units.

Summary

• On January 24, 2025, Mark Wilde, a director of Sylvamo Corp, acquired 9.9773 dividend equivalent units (DEUs) related to previously granted restricted stock units (RSUs) and/or deferred stock units (DSUs).
• The DEUs were accrued under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors.
• These DEUs are connected to a dividend paid on Sylvamo Corporation common stock.
• Each DEU represents the right to receive one share of Sylvamo Corporation common stock, subject to vesting.
• The price of the derivative security is $81.13.
• Following the transaction, Wilde directly owns 117.8729 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation, with neutral sentiment.

Future Outlook

The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs to which they relate.

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 dividend equivalent units by a director may be of interest to shareholders as it reflects changes in insider ownership.

Key Dates