Vargas Marcia 4

What Happened Marcia Vargas, SVP & Chief People Officer of Sylvamo Corp (SLVM), was granted 101.087 dividend-equivalent units (DEUs) on January 23, 2026. The filing values the award at $51.05 per share, for a total reported value of about $5,160. This was an award/derivative acquisition (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-01-23; Filing date: 2026-01-27 (filed 4 days after the transaction; Form 4s are normally due within two business days, so this appears late).
• Grant type/code: A (award/acquisition) — reported as derivative units tied to previously granted RSUs.
• Quantity & valuation: 101.087 DEUs at $51.05 per share; total ≈ $5,160.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The DEUs consist of dividend equivalent units accrued on previously granted RSUs and will vest and be settled on the same terms as the original RSUs. Each DEU represents the right to one share; the number has been rounded to four decimal places.

Context DEUs are dividend equivalents credited to existing restricted stock units and typically convert to shares (or cash) only when the underlying RSUs vest. This is an award tied to prior compensation grants rather than an active buy or sale, so it is more a payroll/compensation event than an independent investment signal. The monetary value here is modest (~$5.2k).