Desmond Jeanmarie F. 4

What Happened
Desmond Jeanmarie, a director of Sylvamo Corporation (SLVM), was granted 68.366 derivative shares (recorded as an award) on 2026-01-23. The units were valued at $51.05 each for an aggregate value of approximately $3,490. This transaction is coded as an award/grant (A) and represents dividend-equivalent units tied to previously awarded RSUs/DSUs, not an open-market purchase.

Key Details

• Transaction date: 2026-01-23 (reported on Form 4 filed 2026-01-27).
• Transaction type/code: Award/Grant (A); derivative units (DEUs).
• Amount and valuation: 68.366 DEUs at $51.05 per unit; total ~$3,490.
• Shares owned after transaction: Not specified in the filing excerpt.
• Footnote (F1): These are dividend equivalent units accrued on previously granted RSUs and/or DSUs under the non-employee director plan. Each DEU represents the right to receive one share subject to the original award’s vesting and settlement terms; the DEU count is rounded to four decimals.
• Filing timeliness: Form 4 filed on 2026-01-27, within the SEC’s 2-business-day reporting window.

Context
DEUs are adjustments that mirror dividends on outstanding RSUs/DSUs and will vest and settle according to the original awards’ schedules — they are not immediate cash purchases or option exercises. Such grants are routine for directors under compensation plans and do not by themselves indicate an intent to buy or sell stock.