JOHNSON JOIA M 4

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.