Form 4: Sylvamo Corp Director Stanley A. Askren Reports Acquisition of Deferred Stock Units

Director Stanley A. Askren reports acquisition of deferred stock units (DSUs) due to a dividend declared on Sylvamo Corp common stock.

Summary

• On January 24, 2025, Stanley A. Askren, a director of Sylvamo Corp, acquired deferred stock units (DSUs) as a result of a dividend declared on shares of Sylvamo Corporation common stock.
• The transaction resulted in the acquisition of 69.8419 DSUs at a price of $81.13.
• Following the transaction, Mr. Askren directly owns 589.5561 DSUs.
• These DSUs will settle either five or ten years after the applicable Performance Year, or in January following the year of termination of service as a director, based on Mr. Askren's election.

Sentiment

Score: 7

Explanation: The document is a neutral report of a standard transaction. The acquisition of DSUs is a positive sign of alignment between the director and shareholders, but it's not a major event.

Positives

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

Future Outlook

The deferred stock units will settle either five or ten years after the applicable Performance Year, or in January following the year of termination of service as a director, based on Mr. Askren's election.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company directors.

Stakeholder Impact

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

Key Dates