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 acquisition and disposal of common shares due to restricted stock unit vesting and tax withholding.
Summary
- Douglas M. Long, Executive VP & CRO of Rayonier Inc., filed a Form 4 detailing changes in beneficial ownership.
- On April 1, 2025, Long acquired 18,291 common shares through the award of restricted stock units.
- These units vest in four equal annual installments starting on the first anniversary of the grant, contingent upon continued employment.
- Also on April 1, 2025, Long disposed of 1,254, 806, 824, and 1,553 common shares to cover tax withholding obligations related to the vesting of restricted stock at a price of $28.02 per share.
- Following these transactions, Long directly owns 120,606 common shares and indirectly owns 15,772.8258 shares in trust.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The filing reflects standard executive compensation practices and doesn't indicate any significant concerns. The acquisition of shares through restricted stock units is a positive sign.
Positives
- The acquisition of 18,291 shares indicates continued 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
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of restricted stock units and disposal of shares for tax withholding. |
| 04/02/2025 | Date of signature by Attorney-In-Fact. |
Keywords
Form 4, Beneficial Ownership, Rayonier, RYN, Douglas M. Long, Restricted Stock Units, Tax Withholding, Executive Compensation
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