Form 4: Sylvamo Corp Executive Marcia Vargas Reports Stock Transactions
SEC Form 4 Filing
Marcia Vargas, SVP & Chief People Officer of Sylvamo Corp, reports acquisition and disposal of common stock related to restricted stock units.
Summary
- Marcia Vargas, SVP & Chief People Officer at Sylvamo Corp, filed a Form 4.
- On March 1, 2025, Vargas acquired 3,127 shares of common stock through time-based restricted stock units (RSUs) at $0.00.
- On the same day, 1,657.1211 shares were disposed of at $71.1 for tax withholding related to the vesting of RSUs.
- Following these transactions, Vargas beneficially owns 12,440.6676 shares of Sylvamo Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Future Outlook
The RSUs will vest in three equal installments on March 1, 2026, March 1, 2027, and March 1, 2028, subject to continued service.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Acquisition of 3,127 shares of common stock through RSUs and disposal of 1,657.1211 shares for tax withholding. |
| 03/01/2026 | First vesting date for one-third of the RSUs. |
| 03/01/2027 | Second vesting date for one-third of the RSUs. |
| 03/01/2028 | Final vesting date for one-third of the RSUs. |
| 03/04/2025 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.