Form 4: Rayonier Inc. Executive VP Douglas M. Long Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive VP & CRO of Rayonier Inc., Douglas M. Long, reports a transaction involving common shares due to tax withholding obligations from vesting restricted stock.
Summary
- On April 3, 2024, Douglas M. Long, Executive VP & CRO of Rayonier Inc., reported a change in beneficial ownership of Rayonier Inc. shares.
- The transaction involved the withholding of 1,198 common shares at a price of $32.1 to cover tax withholding obligations due to the vesting of restricted stock.
- Following the transaction, Long directly owns 98,580 common shares and indirectly owns 13,969.8502 shares in trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, and does not inherently convey positive or negative sentiment.
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 transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
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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