JOHNSON JOIA M 4
Research Summary
AI-generated summary
Sylvamo (SLVM) Director Joia M. Johnson Receives RSU Award
What Happened Joia M. Johnson, a director of Sylvamo Corp (SLVM), was granted 3,876 restricted stock units (RSUs) on 2026-05-15. The filing reports a per-share value of $38.70, for a total grant value of $150,001. This transaction is an award/grant (transaction code A) as part of director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date and value: 2026-05-15; 3,876 RSUs at $38.70 each; total value $150,001.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Vesting/footnote: Footnote F1 states these are time-based RSUs granted for service as a director for the 2026–2027 year and will vest upon the earlier of May 13, 2027 or the next annual shareowners meeting.
- Filing timeliness: Form filed on 2026-05-18; this appears to be timely (filed within the SEC’s two-business-day window).
Context RSU awards are a form of compensation and generally vest over time; they do not represent an immediate purchase or sale. Such grants are routine for non-employee directors and do not, by themselves, indicate the director is buying or selling stock in the open market.