Form 4: Weyerhaeuser CEO Devin W. Stockfish Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Weyerhaeuser's President and CEO, Devin W. Stockfish, reports a transaction involving the withholding of shares to cover taxes for a restricted stock unit vesting.
Summary
- On February 12, 2025, Devin W. Stockfish, President and CEO of Weyerhaeuser Co, reported a transaction on Form 4.
- 10,871 common shares were disposed of to cover taxes for a restricted stock unit vesting at a price of $30 per share.
- Following the transaction, Stockfish directly owns 868,486.3799 common shares.
- The reported holdings include shares acquired from dividend reinvestment transactions.
- The report also reflects the settlement of fractional shares in cash upon full vesting of the 2021 restricted stock unit award.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the transaction is a standard part of executive compensation. Therefore, the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock. This filing indicates standard compensation practices related to stock-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of transaction: Shares withheld to cover taxes for restricted stock unit vesting. |
| 02/13/2025 | Date of signature for the Form 4 filing. |
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