Sylvamo (SLVM) director awarded 3,876 RSUs for 2026-2027 board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zallie James P. reported acquisition or exercise transactions in this Form 4 filing.
Sylvamo Corp director James P. Zallie received an equity grant of 3,876 shares of common stock in the form of restricted stock units. The RSUs were granted for service as a director for the 2026-2027 performance year at a reference price of $38.70 per share.
The RSUs will vest and settle one-for-one in common stock on the earlier of May 13, 2027, or the next annual shareowners meeting. After this award, Zallie holds a total of 16,705 shares of Sylvamo common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zallie James P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,876 | $38.70 | $150K |
Holdings After Transaction:
Common Stock — 16,705 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 3,876 shares
Grant reference price: $38.70 per share
Post-transaction holdings: 16,705 shares
+1 more
4 metrics
RSU grant size
3,876 shares
Time-based RSUs for 2026-2027 performance year
Grant reference price
$38.70 per share
Price associated with RSU award
Post-transaction holdings
16,705 shares
Total Sylvamo common stock held directly after award
Vesting date
May 13, 2027
RSUs vest on this date or earlier at next annual meeting
Key Terms
restricted stock units ("RSUs"), time-based, performance year, settle one-for-one in common stock
4 terms
restricted stock units ("RSUs") financial
"The reported securities represent time-based restricted stock units ("RSUs") that were granted to the reporting person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
time-based financial
"The reported securities represent time-based restricted stock units ("RSUs") that were granted"
performance year financial
"granted to the reporting person for service as a director for the 2026-2027 performance year"
settle one-for-one in common stock financial
"The RSUs will vest and settle one-for-one in common stock upon the earlier of May 13, 2027"
FAQ
What did Sylvamo (SLVM) director James P. Zallie report on this Form 4?
James P. Zallie reported receiving 3,876 Sylvamo restricted stock units as a director equity grant. These RSUs relate to his service for the 2026-2027 performance year and are structured to convert into common shares upon future vesting.
What are the vesting terms of the Sylvamo (SLVM) RSUs granted to James P. Zallie?
The 3,876 time-based RSUs will vest and settle one-for-one in common stock on the earlier of May 13, 2027, or the next annual shareowners meeting. This timing links vesting to Zallie’s continued board service.
Is James P. Zallie’s Form 4 transaction in Sylvamo (SLVM) an open-market trade?
No. The filing shows a code A transaction, meaning a grant or award acquisition of 3,876 RSUs. This represents compensation for board service rather than an open-market purchase or sale of Sylvamo stock.