Sylvamo VP Kevin W. Ferguson Withholds 78 Shares for Taxes

What Happened
Kevin W. Ferguson, Sylvamo Corp (SLVM) Vice President, Controller and Chief Accounting Officer, had 78.307 restricted stock units (RSUs) withheld to cover tax obligations upon vesting. The withholding was recorded at $35.92 per share, for a total value of $2,813. This was a tax-withholding disposition of shares, not an open-market sale.

Key Details

• Transaction date: 2026-09-01 (reported on Form 4 filed 2026-09-02).
• Transaction type/code: F — shares withheld to satisfy tax withholding on vested RSUs.
• Shares withheld: 78.307 at $35.92 per share; total value shown $2,813.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The filing notes the withheld shares were for taxes in connection with RSU vesting and that the deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
• Timeliness: Filing appears timely (reported the next day); no late-filing indication.

Context
Tax-withholding by the company on RSU vesting is routine and does not indicate a discretionary sale of shares by the insider. The withholding reduces the number of vested shares delivered to the insider but is exempt from short-swing profit recovery under Rule 16b-3(e) as noted in the filing.