Sylvamo (SLVM) Director Bruce Lizanne M Receives 44.815-Share Award

What Happened Bruce Lizanne M, a director of Sylvamo Corporation (SLVM), was credited with 44.815 derivative shares (an award/acquisition) on 2026-07-28. The report lists a per-share value of $38.92, for a total notional value of approximately $1,744. This was recorded as an award of dividend-equivalent units (DEUs), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-07-28 — Grant/Award (code A), derivative acquisition of 44.815 DEUs.
• Price/value: $38.92 per share; total value reported ≈ $1,744.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: The award consists of dividend equivalent units (DEUs) accrued on previously granted RSUs and/or DSUs. Each DEU represents the right to receive one share subject to the original RSU/DSU vesting and settlement terms; DEU counts rounded to 4 decimals.
• Filing timeliness: Report filed 2026-07-30 for a 2026-07-28 transaction — appears to be timely.

Context DEUs are a form of deferred compensation that mirror dividends on outstanding restricted or deferred stock units; they vest and convert to actual shares only under the same schedule and conditions as the original RSUs/DSUs. This is a routine, non-market-awakening compensation event for a non-employee director and does not indicate an open-market buy or sell.