Desmond Jeanmarie F. 4
Research Summary
AI-generated summary
Sylvamo (SLVM) Director Desmond Jeanmarie F. Receives RSU Award
What Happened
- Desmond Jeanmarie F., a director of Sylvamo Corp. (SLVM), received a grant of 3,876 time‑based restricted stock units (RSUs) on May 15, 2026. The grant is reported at $38.70 per share, for a reported grant value of $150,001. This is an award/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.
- Grant size and value: 3,876 RSUs at $38.70 per share; total reported value $150,001.
- Vesting/settlement: RSUs vest upon the earlier of May 13, 2027 or the next annual shareowners meeting (footnote F1).
- Deferral: The reporting person elected to defer settlement of vested RSUs until the earlier of May 13, 2032 or termination of her director service (footnote F1).
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: filing date is shown; the filing does not indicate a late‑filing flag.
Context
- RSUs are a form of compensation that convert into shares (or cash) only if and when they vest and are settled; this grant does not represent immediately tradable shares.
- Director awards are routine compensation for board service and do not necessarily signal a personal buy/sell decision in the market.