Sylvamo Corp·4

May 18, 11:53 AM ET

Breves Christine S 4

Research Summary

AI-generated summary

Updated

Sylvamo (SLVM) Director Christine S. Breves Receives RSU Award

What Happened
Christine S. Breves, a director of Sylvamo Corp (SLVM), was granted an award of 3,876 time‑based restricted stock units (RSUs) on May 15, 2026. The award is reported at a grant value of $150,001, based on a reported per‑share value of $38.70. This was a compensation grant (transaction code A), not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (timely filing).
  • Grant: 3,876 RSUs at $38.70 per share; total reported value $150,001.
  • Shares owned after transaction: not specified in this filing.
  • Footnote: The RSUs are time‑based and were granted for service as a director for the 2026–2027 performance year. They will vest and settle one‑for‑one in common stock upon the earlier of May 13, 2027, or the next annual shareowners meeting.

Context
This award is compensation for board service rather than a market purchase (so it reflects company pay practices, not a direct buy/sell signal). RSUs convert to shares only if/when they vest per the schedule described; they do not represent immediately tradable stock.