Form 4: Weyerhaeuser Co. Executive Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Travis A. Keatley, Senior Vice President of Weyerhaeuser Co., reports the withholding of shares to cover taxes related to a restricted stock unit vesting.
Summary
- On September 13, 2024, Travis A. Keatley, a Senior Vice President at Weyerhaeuser Co., had 1,644 common shares withheld to cover taxes for a restricted stock unit vesting at a price of $31.41 per share.
- Following the transaction, Keatley directly owns 102,806.0891 shares of Weyerhaeuser Co.
- The reported holdings include shares acquired from dividend reinvestment transactions since the last Form 4 filing.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation and tax obligations. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to insider transactions, specifically the withholding of shares to cover tax obligations upon the vesting of restricted stock units, a common practice in executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax-related withholding of shares.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of the transaction where shares were withheld for tax purposes. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
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