Sylvamo (NYSE: SLVM) SVP receives dividend equivalent units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sylvamo Corp reported that SVP, Chief Admin & Legal Matthew Barron acquired 156.6893 dividend equivalent units (DEUs) on restricted stock units (RSUs) as of April 28, 2026. These DEUs accrued as dividend equivalents on previously granted RSUs, at a reference price of $43.57 per unit.
After this grant, Barron directly holds 1,368.9727 DEUs. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo common stock and will vest and be settled on the same terms and conditions as the original RSUs to which they relate.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Barron Matthew
Role
SVP, Chief Admin & Legal
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Units | 156.689 | $43.57 | $7K |
Holdings After Transaction:
Dividend Equivalent Units — 1,368.973 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent units granted: 156.6893 units
Reference price per DEU: $43.57 per unit
Total DEUs after transaction: 1,368.9727 units
+1 more
4 metrics
Dividend equivalent units granted
156.6893 units
Award of DEUs on RSUs as of April 28, 2026
Reference price per DEU
$43.57 per unit
Transaction price per unit for DEUs
Total DEUs after transaction
1,368.9727 units
Direct holdings of DEUs following the award
Conversion ratio
1 DEU : 1 share
Each DEU represents right to receive one common share, subject to vesting
Key Terms
Dividend Equivalent Units, restricted stock units, DEUs, RSUs
4 terms
Dividend Equivalent Units financial
"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"
restricted stock units financial
"DEUs accrued on restricted stock units ("RSUs") previously granted to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
DEUs financial
"The number of DEUs has been rounded to 4 decimal points"
RSUs financial
"DEUs accrued on restricted stock units ("RSUs") previously granted to the Reporting Person"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
What insider transaction did Sylvamo (SLVM) report for Matthew Barron?
Sylvamo reported that SVP, Chief Admin & Legal Matthew Barron received 156.6893 dividend equivalent units (DEUs) tied to previously granted RSUs. This award reflects dividends credited in unit form rather than cash on his existing restricted stock units.
How many dividend equivalent units did the Sylvamo executive receive?
Matthew Barron received 156.6893 dividend equivalent units. These units accrued as dividend equivalents on his existing restricted stock units and are calculated using a reference price of $43.57 per unit, according to the Form 4 insider transaction disclosure.
What does each dividend equivalent unit represent at Sylvamo (SLVM)?
Each Sylvamo dividend equivalent unit represents the right to receive, subject to vesting, one share of Sylvamo common stock. The units follow the same vesting and settlement terms as the original restricted stock units they are linked to, aligning with the company’s equity compensation structure.
How many total dividend equivalent units does the Sylvamo executive hold after this transaction?
Following this award, Matthew Barron directly holds 1,368.9727 dividend equivalent units. This total includes the newly credited 156.6893 units and reflects his accumulated dividend equivalents on previously granted restricted stock units under Sylvamo’s equity compensation framework.
How do the Sylvamo DEUs vest compared with the original RSUs?
Sylvamo states that the dividend equivalent units will vest and be settled on the same terms and conditions as the original restricted stock units. This means their vesting schedule and settlement timing mirror the underlying RSUs they were accrued on.