Sylvamo Corp·4

Jan 27, 11:31 AM ET

Zallie James P. 4

Research Summary

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Sylvamo (SLVM) Director James P. Zallie Receives Award

What Happened
James P. Zallie, a Sylvamo Corporation (SLVM) director, received an award of 23.875 dividend-equivalent units (DEUs) on January 23, 2026. The DEUs are recorded at $51.05 each for a total value of about $1,219. This was an award/acquisition (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-01-23; Price/value used: $51.05 per unit; aggregate value: $1,219.
  • Instrument: Dividend-equivalent units (DEUs) — a derivative right tied to previously granted RSUs and/or DSUs.
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: The DEUs were accrued on RSUs/DSUs in connection with a dividend; each DEU equals the right to one share subject to the original award's vesting and settlement terms. Numbers rounded to four decimal places.
  • Filing timeliness: Reported on 2026-01-27; this meets the Form 4 deadline (filed within the required business-day window).

Context
DEUs are dividend-equivalent credits that will convert into shares (subject to vesting) on the same schedule as the underlying RSUs/DSUs. Such grants reflect compensation or dividend accrual on existing equity awards and are not the same as an outright open-market purchase or a sale.