Form 4: Rayonier Inc. Executive Rogers W. Rhett Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Rayonier Inc.'s SVP, Portfolio Management, Rogers W. Rhett, reports a transaction involving common shares on April 3, 2024, due to tax withholding obligations from vesting restricted stock.
Summary
- On April 3, 2024, Rogers W. Rhett, SVP, Portfolio Management at Rayonier Inc., reported a change in beneficial ownership of common shares.
- The transaction involved the withholding of 965 common shares to cover tax obligations related to the vesting of restricted stock.
- Following the transaction, Rogers W. Rhett directly owns 54,769.426 common shares and indirectly owns 3,309.8028 common shares in trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to changes in beneficial ownership, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations from vesting restricted stock.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction involving common shares. |
| 04/05/2024 | Date of signature by Attorney-In-Fact. |
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