PETRATIS DAVID D 4

What Happened
David D. Petratis, a director of Sylvamo Corporation (SLVM), was credited with 305.535 dividend equivalent units (DEUs) on April 28, 2026. The filing treats this as an award (transaction code A) with an attributable value of approximately $13,312 (305.535 units × $43.57), reported on a Form 4 filed April 30, 2026. This was an award/credit of derivative units 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 (timely filing).
• Transaction type/code: A (award/acquisition of derivative securities).
• Units credited: 305.535 DEUs at $43.57 per unit; total value ≈ $13,312.
• Shares owned after transaction: Not specified in this Form 4.
• Footnote: DEUs represent dividend equivalents accrued on previously granted RSUs/DSUs and will vest/settle on the same terms as the original awards; each DEU equals the right to one share subject to vesting. Number rounded to four decimal places.

Context
DEUs are compensation-related derivative units reflecting dividend accruals on existing equity awards; they are routine and do not indicate an open-market buying or selling decision by the director. For retail investors, awards like this are typically part of director compensation and should be interpreted differently than purchases (which can signal confidence) or sales (which can signal liquidity needs).