Form 4: Weyerhaeuser CEO Devin Stockfish Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Weyerhaeuser CEO Devin Stockfish reports the withholding of shares to cover taxes related to restricted stock unit and performance share unit vestings.
Summary
- On March 1, 2025, Devin W. Stockfish, President and CEO of Weyerhaeuser Co, reported changes in beneficial ownership of the company's common stock.
- A total of 32,991 shares were withheld to cover taxes for restricted stock unit vestings at a price of $30.1 per share.
- Additionally, 25,097 shares were withheld to cover taxes for a performance share unit vesting, also at $30.1 per share.
- Following these transactions, Stockfish directly owns 1,014,550.3799 shares of Weyerhaeuser common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
- The transactions have a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of the reported transactions (withholding of shares for tax purposes). |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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