Lawson Shawn 4
Research Summary
AI-generated summary
Sylvamo (SLVM) SVP Shawn Lawson Withholds 980 Shares for Taxes
What Happened
- Shawn Lawson, SVP and General Manager, Europe at Sylvamo Corp, had 979.972 shares withheld to satisfy taxes in connection with RSU vesting. The shares were recorded as a deemed disposition at $39.27 per share, totaling $38,484. This was a tax-withholding event (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-02 (timely filing)
- Shares withheld/disposed: 979.972 at $39.27 each; total value $38,484
- Transaction code: F (payment of exercise price or tax liability / tax withholding)
- Footnote: Withheld shares were used to cover taxes on vesting of RSUs; the deemed disposition is exempt under Rule 16b-3(e) (per filer)
- Shares owned after transaction: Not specified in the provided filing
Context
- This is a routine tax-withholding action tied to RSU vesting, not an open-market sale or purchase. Such withholdings are administrative and are exempt from short-swing profit recovery under Rule 16b-3(e).