4Filed Jul 29, 8:00 PM ET
Sylvamo (SLVM) Director James P. Zallie Receives 44.815-Share Award
$SLVM · Sylvamo CorpResearch Summary
AI-generated summary of this SEC filing
Sylvamo (SLVM) Director James P. Zallie Receives 44.815-Share Award
What Happened
James P. Zallie, a Sylvamo Corporation (SLVM) director, received an award of 44.815 dividend-equivalent units (DEUs) on July 28, 2026. The DEUs are valued at $38.92 each, for a total notional value of about $1,744. This was an award/accrual (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-28; Form 4 filed 2026-07-30 (appears timely).
- Amount: 44.815 DEUs @ $38.92 each; total ≈ $1,744.
- Nature: DEUs are dividend-equivalent units accrued on previously granted RSUs and/or DSUs under the company's non‑employee director plan (see footnote).
- Footnote: DEUs will vest and be settled on the same terms as the original RSUs/DSUs and each DEU represents the right to one share; numbers rounded to four decimals.
- Shares owned after transaction: not disclosed in this filing.
Context: This is a routine compensation-related accrual for a non-employee director (dividend equivalents on outstanding restricted/deferred units), not a market buy or sale. Such derivative awards reflect dividend accruals tied to existing equity grants and do not necessarily signal a change in insider sentiment.