Bruce Lizanne M 4

What Happened

• Bruce Lizanne M, a director of Sylvamo Corp (SLVM), was granted 3,876 time‑based restricted stock units (RSUs) on 2026-05-15. The grant value is reported at $38.70 per share, totaling $150,001. The transaction is reported as an award/grant (code A), not a purchase or sale.

Key Details

• Transaction date and price: 2026-05-15 at $38.70 per share (total $150,001).
• Transaction type: Award/Grant (A) — time‑based RSUs.
• Vesting/settlement: RSUs vest and will settle one‑for‑one into common stock upon the earlier of May 13, 2027, or the next annual shareowners meeting (footnote).
• Shares owned after transaction: Not specified in the filing.
• Filing date/timeliness: Form 4 filed 2026-05-18 (filing appears to be within the normal 2-business-day reporting window).
• No 10b5-1 trading plan, sale, gift, or tax-withholding detail was disclosed in the filing.

Context

• These RSUs are a form of director compensation and will convert to common shares only after vesting; they are not an immediate market purchase or sale. Such awards are common for non-employee directors and are typically routine compensation rather than a direct trading signal.