Dividend units boost Sylvamo (NYSE: SLVM) director’s deferred stake

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

JOHNSON JOIA M reported acquisition or exercise transactions in this Form 4 filing.

Sylvamo Corp director Joia M. Johnson received 142.7574 deferred stock units as a grant tied to a dividend on the company’s common stock. These are dividend equivalent units credited under Sylvamo’s plan for non-employee directors and will vest on the same terms as the underlying awards.

After this grant, Johnson holds a total of 1,135.8436 deferred stock units, each representing the right to receive one share of Sylvamo common stock upon vesting.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider JOHNSON JOIA M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	142.757	$43.57	$6K

Holdings After Transaction: Deferred Stock Units — 1,135.844 shares (Direct, null)

Footnotes (1)

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Key Figures

Deferred stock units granted: 142.7574 units Reference price per unit: $43.57 Total deferred units after grant: 1,135.8436 units +2 more

5 metrics

Deferred stock units granted 142.7574 units Dividend equivalent units credited on 2026-04-28

Reference price per unit $43.57 Price associated with 142.7574 deferred stock units

Total deferred units after grant 1,135.8436 units Director’s deferred stock unit balance following transaction

Underlying common shares per unit 1 share per DEU Each DEU represents right to 1 Sylvamo common share

Conversion or exercise price $0.00 Deferred stock units have no cash exercise price

Key Terms

Deferred Stock Units, dividend equivalent units ("DEUs"), restricted stock units ("RSUs"), deferred stock units ("DSUs"), +1 more

5 terms

Deferred Stock Units financial

"security_title: "Deferred Stock Units""

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

dividend equivalent units ("DEUs") financial

"Consists of dividend equivalent units ("DEUs") accrued on restricted stock units"

restricted stock units ("RSUs") financial

"accrued on restricted stock units ("RSUs") and/or deferred stock units"

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.

deferred stock units ("DSUs") financial

"and/or deferred stock units ("DSUs") previously granted to the Reporting Person"

Restricted Stock and Deferred Compensation Plan for Non-Employee Directors financial

"granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors"

Form 4 Insider Transactions: What Each Field Means →

04/30/2026 - 10:54 AM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

JOHNSON JOIA M

(Last)

(First)

(Middle)

6077 PRIMACY PARKWAY

(Street)

MEMPHIS

TENNESSEE

38119

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Sylvamo Corp [ SLVM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Stock Units	⁽¹⁾	04/28/2026		A		142.7574		⁽¹⁾	⁽¹⁾	Common Stock	142.7574	$43.57	1,135.8436	D

Explanation of Responses:

1. Consists of dividend equivalent units ("DEUs") accrued on restricted stock units ("RSUs") and/or deferred stock units ("DSUs") previously granted to the Reporting Person under the Sylvamo Corporation Restricted Stock and Deferred Compensation Plan for Non-Employee Directors ("Plan"), in connection with a dividend paid on shares of Sylvamo Corporation common stock. The DEUs will vest and be settled on the same terms and conditions as the original RSUs or DSUs to which they relate. Each DEU represents the right to receive, subject to vesting, one share of Sylvamo Corporation common stock. The number of DEUs has been rounded to 4 decimal points.

Remarks:

	/s/ Maria St. John Daugherty, attorney in fact for Joia M. Johnson	04/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Sylvamo (SLVM) report for Joia M. Johnson?

Sylvamo reported that director Joia M. Johnson received 142.7574 dividend equivalent deferred stock units. These units were credited in connection with a dividend on Sylvamo common stock and are tied to prior equity awards under the company’s non-employee director compensation plan.

How many Sylvamo (SLVM) deferred stock units does Joia M. Johnson now hold?

Following the latest grant, Joia M. Johnson holds 1,135.8436 deferred stock units. Each unit represents the right to receive one share of Sylvamo common stock upon vesting, aligning her long-term compensation with shareholder interests over time.

What are dividend equivalent units (DEUs) in the Sylvamo (SLVM) director plan?

Dividend equivalent units at Sylvamo are credits that mirror dividends on previously granted RSUs or DSUs. Each DEU represents a right, subject to vesting, to receive one share of Sylvamo common stock and follows the same terms as the original related awards.

Was the Sylvamo (SLVM) insider transaction a market purchase or sale?

The transaction was not a market purchase or sale. Joia M. Johnson received 142.7574 deferred stock units as a grant of dividend equivalent units, issued under Sylvamo’s director compensation plan rather than through open-market trading activity.

How is the value of Joia M. Johnson’s new Sylvamo (SLVM) units measured?

The filing references a price of $43.57 per unit for the 142.7574 deferred stock units. This figure helps quantify the compensation value of the dividend equivalent grant credited to the director under Sylvamo’s restricted stock and deferred compensation plan.