Wilczynski Patrick 4
Research Summary
AI-generated summary
Sylvamo (SLVM) SVP Patrick Wilczynski Receives 63.651-Share Award
What Happened
- Patrick Wilczynski, Senior Vice President, Operational Excellence at Sylvamo Corporation, was granted 63.651 derivative units (DEUs) on 2026-01-23. The DEUs are recorded at $51.05 each, totaling about $3,249. This is an award (transaction code A) tied to previously granted restricted stock units (RSUs), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-23; Filing date (Form 4): 2026-01-27 (filed within the standard two business days).
- Price basis: $51.05 per unit; total value ≈ $3,249.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: The grant consists of dividend equivalent units (DEUs) accrued on prior RSUs. Each DEU represents the right to receive one share of Sylvamo common stock and will vest and settle on the same terms as the underlying RSUs; DEU count rounded to four decimal places.
- Transaction type: Derivative award (not a purchase or sale), code A.
Context
- DEUs are an accrual of dividend equivalents tied to RSUs and typically convert to shares only if the underlying RSUs vest; they do not reflect an immediate cash purchase or sale. Awards like this are routine compensation or dividend-related accruals and should be viewed as grant/compensation activity rather than direct insider buying or selling.