JOHNSON JOIA M 4
4 · Sylvamo Corp · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Sylvamo (SLVM) Director Joia M. Johnson Receives Award
What Happened
Joia M. Johnson, a member of Sylvamo Corporation's board of directors, was credited with 142.757 derivative units (reported as an award, code A) on April 28, 2026. The filing values the units at $43.57 each for a total reported value of $6,220. This was an award of dividend equivalent units (DEUs) tied to previously granted restricted stock units (RSUs) or deferred stock units (DSUs), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-28; Form 4 filed: 2026-04-30 (filed within the normal reporting window).
- Instrument/Action: Award (A) of 142.757 DEUs at $43.57 per unit; total reported value $6,220.
- Shares owned after transaction: Not stated in the supplied filing excerpt.
- Footnote: These are dividend equivalent units (DEUs) that accrued on previously granted RSUs/DSUs under the Sylvamo non‑employee director plan; each DEU represents the right to one share subject to the original RSU/DSU vesting and settlement terms (number rounded to four decimals).
- Filing timeliness: No late filing indicated.
Context
DEUs are a form of compensation that mirror dividends on underlying equity awards and generally settle into shares (or equivalents) when the underlying RSUs/DSUs vest. Such credits are routine for non‑employee directors and do not reflect an open‑market purchase or an immediate sell—rather, they increase potential future equity compensation subject to original vesting conditions.
Insider Transaction Report
- Award
Deferred Stock Units
[F1]2026-04-28$43.57/sh+142.757$6,220→ 1,135.844 total→ Common Stock (142.757 underlying)
Footnotes (1)
- [F1]Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs") previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors ("Plan"), in connection with a dividend paid on shares of Sylvamo Corporation common stock. The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. The number of DEUs has been rounded to 4 decimal points.