Form 4: Rayonier Inc. Director Keith E. Bass Reports Acquisition and Disposal of Common Shares
SEC Form 4
Director Keith E. Bass reports acquiring 4,116 common shares of Rayonier Inc. as compensation and disposing of 24,631 shares on May 17, 2024.
Summary
- On May 17, 2024, Keith E. Bass, a director of Rayonier Inc., acquired 4,116 common shares.
- These shares were granted as restricted stock for serving on the Board of Directors and vested immediately.
- The acquisition price was $30.37 per share.
- Bass also disposed of 24,631 common shares on the same day.
- Following these transactions, Bass directly owns 24,631 common shares of Rayonier Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Positives
- The grant of restricted stock aligns the director's interests with the company's long-term performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions, providing transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of acquisition and disposition of common shares. |
| 05/21/2024 | Date of signature for the report. |
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