Form 4: Sylvamo Corp Executive Peggy Maes Sells 1,500 Shares
SEC Form 4
Peggy Maes, SVP & Chief People Officer of Sylvamo Corp, disposed of 1,500 shares of common stock on March 11, 2024.
Summary
- On March 11, 2024, Peggy Maes, the SVP & Chief People Officer of Sylvamo Corp, sold 1,500 shares of the company's common stock.
- The shares were sold at a price of $63.2044 per share.
- Following the transaction, Peggy Maes directly owns 11,249.4584 shares of Sylvamo Corp.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a common practice and doesn't necessarily reflect the company's performance.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of the transaction: Peggy Maes sold 1,500 shares of Sylvamo Corp common stock. |
| 03/13/2024 | Date of signature on the 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.