Bruce Lizanne M 4

What Happened

• Bruce Lizanne M, a director of Sylvamo Corp (SLVM), reported a sale of 1,230 shares on the Form 4 covering the 2026-06-15 transaction.
• The shares were disposed at $41.70 per share, for a total transaction value of $51,291.
• This was a sale (code S) rather than a purchase, which is typically routine insider selling and not necessarily a signal about the company’s outlook.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (filed within the normal reporting window).
• Price per share: $41.70; Shares sold: 1,230; Total value: $51,291.
• Transaction reported as "Open market or private sale" on the Form 4.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.
• No footnotes, 10b5-1 plan, tax-withholding, or other special conditions were noted in the information provided.

Context

• Sales by directors can be routine (portfolio diversification, tax planning, etc.) and do not necessarily indicate negative insider sentiment.
• Because this was a straightforward sale (not an option exercise, award, or gift), there are no additional mechanics (e.g., cashless exercise) to explain.