Form 4: Weyerhaeuser CFO David M. Wold Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Senior Vice President and CFO of Weyerhaeuser, David M. Wold, disposed of 997 shares to cover taxes related to restricted stock unit vesting.
Summary
- On May 16, 2024, David M. Wold, Senior Vice President & CFO of Weyerhaeuser Co, disposed of 997 shares of common stock to cover taxes for a restricted stock unit vesting.
- The transaction was executed at a price of $31.36 per share.
- Following the transaction, Wold directly owns 84,732.4955 shares of Weyerhaeuser common stock, which includes shares acquired from dividend reinvestment transactions since the last Form 4 filing.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company executive, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of stock disposal transaction. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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