Form 4: Sylvamo Corp Executive Tatiana Kalman Hirschfeld Reports Acquisition of Dividend Equivalent Units
SEC Form 4 Filing
Tatiana Kalman Hirschfeld, SVP & GM, Latin America at Sylvamo Corp, reports the acquisition of dividend equivalent units related to previously granted restricted stock units.
Summary
- Tatiana Kalman Hirschfeld, a Senior Vice President and General Manager at Sylvamo Corp, filed a Form 4.
- The form reports the acquisition of 45.2234 dividend equivalent units (DEUs) on October 17, 2024.
- These DEUs are accrued on previously granted restricted stock units (RSUs).
- Each DEU represents the right to receive one share of Sylvamo Corporation common stock, subject to vesting.
- Following the reported transaction, Ms. Kalman Hirschfeld beneficially owns 359.033 derivative securities.
- The price of the derivative security is $86.97.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to executive compensation, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining market confidence.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/17/2024 | Date of transaction: Acquisition of dividend equivalent units |
| 10/21/2024 | Date of signature on the Form 4 filing |
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