Barron Matthew 4
Research Summary
AI-generated summary
Sylvamo (SLVM) SVP Matthew Barron Receives Award of 156.689 Shares
What Happened
Matthew Barron, Senior Vice President and Chief Administrative & Legal Officer of Sylvamo Corporation, received an award of 156.689 dividend equivalent units (DEUs) tied to previously granted restricted stock units (RSUs). The filing values the award at $43.57 per share, for a total of $6,827. This was an award/settlement (not an open‑market purchase or sale).
Key Details
- Transaction date: 2026-04-28; Form 4 filed: 2026-04-30 (timely filing).
- Transaction type/code: A — Award/acquisition (derivative).
- Amount: 156.689 DEUs; Price shown: $43.57; Total value: $6,827.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: DEUs are dividend equivalent units accrued on previously granted RSUs; they vest and will be settled on the same terms as the original RSUs. Each DEU represents the right to one share; the DEU count is rounded to four decimals.
Context
DEUs are a form of compensation that mirror dividends on RSUs and convert to shares only if the underlying RSUs vest and settle per their original terms. This award is routine compensation-related equity rather than a market purchase or sale and should not be interpreted as a direct buy/sell signal.