PETRATIS DAVID D bought SLVM
January 1, 2026 · Form 4 insider transaction
PETRATIS DAVID D bought 693 shares of Sylvamo Corporation at $48.15 per share, a transaction worth $33.4K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
The reported securities represent 693 time-based restricted stock units ("RSUs") that the reporting person elected to receive in lieu of a cash retainer. The RSUs will vest one-for-one in common stock on May 15, 2026 or the next annual shareowners meeting. The reporting person has elected to defer the settlement of vested RSUs until the first to occur of May 15, 2036, or the termination of his service as a director. The cash retainer was paid in RSUs on January 1, 2026, for the reporting person's service as Chairman of the board of directors for the period January 1, 2026 until the 2026 annual shareowners meeting.