SIMS JOHN V 4
Research Summary
AI-generated summary
Sylvamo (SLVM) COO John V. Sims Receives 168-Share Award
What Happened
- John V. Sims, Chief Operating Officer of Sylvamo Corporation (SLVM), was granted 167.714 derivative units (dividend equivalent units, or DEUs) on January 23, 2026. The units are valued at $51.05 each, for a total reported value of $8,562. These DEUs are tied to previously granted restricted stock units (RSUs).
Key Details
- Transaction date: 2026-01-23; Form 4 filed: 2026-01-27 (filed within the standard two business-day window).
- Transaction type/code: Award/Grant (A) — derivative acquisition (DEUs).
- Quantity and price: 167.714 DEUs @ $51.05 per share; total value ≈ $8,562.
- Shares owned after transaction: Not disclosed in the provided filing data.
- Footnote: The grant consists of DEUs accrued on previously granted RSUs. Each DEU represents the right to receive one share of Sylvamo common stock subject to the original RSU vesting and settlement terms. The DEU count was rounded to four decimal places.
Context
- DEUs are a form of compensation that track dividends on RSUs and are settled as shares if and when the underlying RSUs vest; they are not an open-market purchase. Such awards are routine executive compensation and do not by themselves indicate a buy or sell market signal.