Form 4: Director Gregg Gonsalves Acquires Rayonier Shares

Director Gregg A. Gonsalves acquired 6,811 common shares of Rayonier Inc. as part of his annual board compensation.

Summary

• Director Gregg A. Gonsalves received 6,811 common shares of Rayonier Inc. (RYN) on May 15, 2026.
• The shares were granted as restricted stock compensation for his service on the Board of Directors.
• The transaction was valued at $19.82 per share.
• Following this acquisition, the director's total beneficial ownership increased to 22,680.93 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• The director has increased his equity stake in the company, signaling alignment with shareholder interests.

Negatives

• None identified.

Risks

• The shares are subject to transfer restrictions for four years or until six months after the director ceases to serve on the board.

Future Outlook

The filing does not provide forward-looking guidance regarding company performance, focusing solely on director compensation.

Industry Context

StockSavvy.ai notes that equity-based compensation for board members is a standard practice among REITs to ensure long-term alignment between directors and shareholders.

Comparison to Industry Standards

• The grant of restricted stock as board compensation is consistent with standard corporate governance practices for publicly traded REITs like Rayonier.
• The vesting and transfer restriction terms are typical for director equity incentive plans.

Stakeholder Impact

• Shareholders benefit from increased director 'skin in the game' through equity ownership.

Next Steps

• The director will hold the shares subject to the specified transfer restrictions.

Key Dates

Keywords

Rayonier, RYN, Form 4, Insider Trading, Director Compensation, Timberland REIT