Form 4: Rayonier Inc. Executive Christopher T. Corr Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher T. Corr, SVP of Real Estate Development at Rayonier Inc., reports acquisition and disposal of common shares due to restricted stock unit vesting and tax withholding.
Summary
- On April 1, 2025, Christopher T. Corr, SVP of Real Estate Development at Rayonier Inc., reported changes in beneficial ownership of the company's common shares.
- Corr acquired 6,959 common shares through the vesting of restricted stock units.
- He also disposed of shares to cover tax withholding obligations related to the vesting of restricted stock.
- The disposals were executed at a price of $28.02 per share.
- Following these transactions, Corr directly owns 70,470 common shares and indirectly owns 573.1113 shares in trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to executive compensation and does not contain any significant positive or negative news.
Positives
- The acquisition of shares through vesting of restricted stock units indicates confidence in the company's future performance.
Future Outlook
The restricted stock units vest in four equal annual installments commencing on the first anniversary date of the grant, subject to continued employment with the Company.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in executive ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of earliest transaction: acquisition of shares through vesting of restricted stock units and disposal of shares for tax withholding. |
| 04/02/2025 | Date of signature on the report. |
Keywords
beneficial ownership, Form 4, Rayonier Inc., RYN, Christopher T. Corr, restricted stock units, tax withholding, common shares, SVP Real Estate Development
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.