Zallie James P. 4
Research Summary
AI-generated summary
Sylvamo (SLVM) Director James P. Zallie Receives RSU Award
What Happened
James P. Zallie, a director of Sylvamo Corp (SLVM), was granted 3,876 restricted stock units (RSUs) on May 15, 2026. The grant is reported as an award/acquisition (code A) with a grant value of $38.70 per share, totaling $150,001. This is a time‑based director service award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (accession 0001502632-26-000003).
- Grant: 3,876 RSUs at $38.70 per share; total reported value $150,001.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The RSUs are time‑based and will vest and settle one‑for‑one in common stock upon the earlier of May 13, 2027 or the next annual shareowners meeting.
- Transaction code: A = Award/Grant. No 10b5-1 plan, tax‑withholding sale, or late‑filing flag is indicated in the supplied data.
Context
This award is a standard form of director compensation (RSUs) and represents a future right to receive shares upon vesting; it is not an immediate cash sale or market purchase. Such grants are common for non-employee directors and do not, by themselves, indicate a buy/sell signal.