Sylvamo SVP Rodrigo Davoli Receives 252-Share Award

What Happened

• Rodrigo Davoli, Senior Vice President & General Manager, North America at Sylvamo (SLVM), received an award of 252.337 derivative units on July 28, 2026. The filing lists these as dividend equivalent units (DEUs) tied to previously granted RSUs, valued at $38.92 each for a total of $9,821 (transaction code A — Award/Grant).
• This was an award (not an open-market purchase or sale) and therefore is not a direct bullish or bearish trading signal; it represents accrued dividend equivalents that will convert to shares subject to the original RSU vesting terms.

Key Details

• Transaction date: 2026-07-28; filing date: 2026-07-30 (filed within typical Form 4 timing — timely).
• Units: 252.337 DEUs; price per unit used for reporting: $38.92; total reported value: $9,821.
• Shares owned after transaction: Not provided in the supplied filing details.
• Footnote: The DEUs represent the right to receive, subject to vesting, one share of Sylvamo common stock each. They will vest and be settled on the same terms as the original RSUs. The DEU count was rounded to four decimal places.

Context

• These DEUs are derivative awards (not an exercise or sale). They effectively record dividend equivalents accrued on prior RSU grants and will convert to shares only if/when the underlying RSUs vest.
• Such awards are routine compensation-related events for executives and do not by themselves indicate an intention to buy or sell stock.