Form 4: Weyerhaeuser CFO David Wold Reports Stock Transactions
SEC Form 4
David Wold, Senior Vice President & CFO of Weyerhaeuser Co, reports the acquisition and disposition of company stock, including transactions related to stock options and tax withholdings.
Summary
- On March 1, 2024, Weyerhaeuser CFO David Wold had 2,851 shares withheld to cover taxes for restricted stock unit vestings at a price of $34.38.
- On March 4, 2024, Wold exercised a stock option for 9,272 shares at a price of $23.09.
- Also on March 4, 2024, Wold sold 9,272 shares at a weighted average price of $35.1596, with prices ranging from $35.14 to $35.17.
- Following these transactions, Wold beneficially owns 85,413.5327 shares of Weyerhaeuser common stock.
- Reported holdings include shares acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, in compliance with SEC regulations. It provides transparency into the trading activities of key personnel at Weyerhaeuser.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 02/09/2017 | Date stock option was granted. |
| 03/01/2024 | Shares withheld to cover taxes for restricted stock unit vestings. |
| 03/04/2024 | Stock option exercised and shares sold. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
| 02/09/2026 | Expiration date of the stock option. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.