JeanMichel Ribieras - Mar 18, 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 18, 2024
Transactions value $
-$699,214
Form type
4
Date filed
3/19/2024, 02:16 PM
Previous filing
Mar 13, 2024
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLVM Common Stock Sale -$699K -12.2K -8.46% $57.20 132K Mar 18, 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).