Form 4: Rayonier Inc. Executive Shelby L. Pyatt Reports Changes in Beneficial Ownership

Shelby L. Pyatt, SVP of Human Resources and IT at Rayonier Inc., reports acquisition and disposal of common shares due to restricted stock unit vesting and tax withholding.

Summary

• On April 1, 2025, Shelby L. Pyatt, SVP of Human Resources and IT at Rayonier Inc., reported changes in beneficial ownership of the company's common shares.
• Pyatt acquired 6,246 common shares through the award of restricted stock units, which vest in four equal annual installments starting on the first anniversary of the grant, contingent upon continued employment.
• Simultaneously, Pyatt disposed of 567, 348, 313 and 489 common shares, respectively, to cover tax withholding obligations related to the vesting of restricted stock at a price of $28.02 per share.
• Following these transactions, Pyatt directly owns 56,350.437 common shares and indirectly owns 4,199.9768 shares in trust.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects standard executive compensation practices and required disclosures.

Positives

• The acquisition of shares through restricted stock units indicates a form of compensation and alignment of the executive's interests with the company's 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. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates

Keywords

beneficial ownership, Form 4, Rayonier Inc., RYN, restricted stock units, tax withholding, insider trading, Shelby L. Pyatt