Form 4: Rayonier Inc. SVP & CFO April J. Tice Reports Changes in Beneficial Ownership
SEC Form 4 Filing
April J. Tice, SVP & CFO of Rayonier Inc., reports a transaction involving common shares related to tax withholding obligations.
Summary
- On April 3, 2024, April J. Tice, the SVP & CFO of Rayonier Inc., reported a change in beneficial ownership of the company's common shares.
- 230 common shares were disposed of to cover tax withholding obligations due to the vesting of restricted stock at a price of $32.1.
- Following the transaction, Tice directly owns 32,392 common shares and indirectly owns 447.0227 shares in trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their potential impact on the market.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine adjustment related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction: disposal of common shares to cover tax withholding. |
| 04/05/2024 | Date of signature for the report. |
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