PETRATIS DAVID D 4

What Happened David D. Petratis, a director of Sylvamo Corp (SLVM), received a grant of 7,623 restricted stock units (RSUs) on May 15, 2026. The award is valued at $38.70 per share, for a total grant value of $295,010. The RSUs were granted for service as a director for the 2026–2027 performance year.

Key Details

• Transaction type: Award/Grant (Form 4 code A).
• Grant date: May 15, 2026; filing date: May 18, 2026 (appears timely).
• Shares/units granted: 7,623 RSUs (3,876 time‑based RSUs + 3,747 RSUs elected in lieu of a cash retainer).
• Grant price/reference: $38.70 per share; total value $295,010.
• Vesting/settlement: RSUs vest one-for-one into common stock on the earlier of May 13, 2027 or the next annual meeting of shareowners. The reporting person elected to defer settlement of vested RSUs until the earlier of May 13, 2032 or termination of his director service.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The 3,747 RSUs were elected in lieu of a cash retainer; 3,876 are time‑based RSUs.

Context RSUs are a form of equity compensation that convert to shares upon vesting; this grant increases potential future share ownership for the director but does not represent an immediate open‑market purchase or sale. The election to defer settlement means Petratis may not receive the underlying shares until a future date (or termination), which is a common tax and compensation planning mechanism.