Ferguson Kevin W 4
4 · Sylvamo Corp · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Sylvamo VP Kevin W. Ferguson Receives Award of 70.192 Shares
What Happened
Kevin W. Ferguson, Vice President, Controller and Chief Accounting Officer of Sylvamo Corporation, was credited with 70.192 derivative shares (dividend-equivalent units) on April 28, 2026. The units are valued at $43.57 each, totaling about $3,058. This was an award/acquisition (derivative), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-28; filing date: 2026-04-30 (filed within the standard 2-business-day Form 4 window).
- Instrument: Dividend Equivalent Units (DEUs) on previously granted RSUs (transaction code A — award/acquisition).
- Quantity and price: 70.192 DEUs @ $43.57 per share; reported total value ≈ $3,058.
- Shares owned after transaction: Not specified in the filing.
- Footnote: DEUs represent the right to receive one share of Sylvamo common stock per DEU, will vest and settle on the same terms as the underlying RSUs, and the DEU count is rounded to four decimal places.
Context
DEUs are a derivative award that tracks dividends on unvested RSUs; they do not represent immediately tradable stock until vested/settled. Awards like this are typically part of executive compensation and do not by themselves indicate insider buying or selling intent. The economic value here is modest (~$3k).
Insider Transaction Report
- Award
Dividend Equivalent Units
[F1]2026-04-28$43.57/sh+70.192$3,058→ 621.376 total→ Common Stock (70.192 underlying)
Footnotes (1)
- [F1]Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") previously granted to the Reporting Person. The DEUs will vest and be settled on the same terms and conditions as the original RSUs 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.