JeanMichel Ribieras - Mar 11, 2024 Form 4 Insider Report for Sylvamo Corp (SLVM)

Signature
/s/ St. John Daugherty, attorney in fact for Jean-Michel Ribieras
Stock symbol
SLVM
Transactions as of
Mar 11, 2024
Transactions value $
-$769,509
Form type
4
Date filed
3/13/2024, 11:23 AM
Previous filing
Mar 5, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock Sale -$770K -12.2K -7.8% $62.94 145K Mar 11, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).