Breves Christine S 4
4 · Sylvamo Corp · Filed Jan 27, 2026
Research Summary
AI-generated summary of this filing
Sylvamo (SLVM) Director Christine Breves Receives Award
What Happened
Christine S. Breves, a Sylvamo (SLVM) director, was awarded dividend-equivalent units (DEUs) on January 23, 2026. The filing shows two derivative awards: 50.593 DEUs at $51.05 each (reported value $2,583) and 23.875 DEUs at $51.05 each (reported value $1,219), totaling 74.468 DEUs (≈ $3,802). These are grants (transaction code A), not open-market purchases or sales.
Key Details
- Transaction date: 2026-01-23; Filing date: 2026-01-27 (Form 4 filed within the required period).
- Prices/values reported: 50.593 shares @ $51.05 = $2,583; 23.875 shares @ $51.05 = $1,219; combined ≈ $3,802.
- Security type: Derivative — dividend equivalent units (DEUs) tied to prior RSUs/DSUs.
- Shares owned after transaction: Not disclosed in the supplied filing summary.
- Footnote: F1 — DEUs represent the right to receive one share per DEU, will vest and be settled under the same terms as the original RSUs/DSUs, and the DEU counts are rounded to four decimal places.
Context
- DEUs are administrative awards that mirror dividends on previously granted restricted or deferred stock units; they settle subject to the original awards' vesting schedule.
- This is an award/grant (code A), not an indication of a market purchase or sale; such awards are routine director compensation and do not by themselves indicate insider sentiment.
Insider Transaction Report
Form 4
Sylvamo CorpSLVM
Breves Christine S
Director
Transactions
- Award
Deferred Stock Units
[F1]2026-01-23$51.05/sh+50.593$2,583→ 456.092 total→ Common Stock (50.593 underlying) - Award
Dividend Equivalent Units
[F1]2026-01-23$51.05/sh+23.875$1,219→ 167.032 total→ Common Stock (23.875 underlying)
Footnotes (1)
- [F1]Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs") previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors ("Plan"), in connection with a dividend paid on shares of Sylvamo Corporation common stock. The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. The number of DEUs has been rounded to 4 decimal points.
Signature
/s/ Maria St. John Daugherty, attorney in fact for Christine S. Breves|2026-01-27