Devlin Donald P. 4

What Happened

• Donald P. Devlin, Chief Financial Officer of Sylvamo Corporation (SLVM), was granted 166.948 dividend-equivalent units (DEUs) on 2026-01-23. The filing values the units at $51.05 each, for a total of $8,523 (derivative award). These DEUs represent the right to receive one share per unit and will vest and be settled on the same terms as the original restricted stock units (RSUs).

Key Details

• Transaction date: 2026-01-23; Transaction type: Award/Grant (code A).
• Shares/units: 166.948 DEUs (rounded to 4 decimal points); Price used for valuation: $51.05; Total value: $8,523.
• Footnote: DEUs are dividend equivalents accrued on previously granted RSUs and will convert to shares subject to the original RSU vesting/settlement provisions.
• Shares owned after transaction: not disclosed in the provided excerpt of the filing.
• Filing: Form 4 filed 2026-01-27 (timely within the required reporting window).

Context

• This was an award of dividend-equivalent units tied to prior RSU grants (a derivative compensation item), not an open-market purchase or sale. DEUs typically convert to shares only if/when the underlying RSUs vest, so this does not reflect an immediate purchase or sale of stock.