Form 4: Weyerhaeuser Director Lawrence A. Selzer Reports Changes in Beneficial Ownership

Director Lawrence A. Selzer reports changes in Weyerhaeuser Co. stock ownership due to tax withholding and a restricted stock unit award.

Summary

• On May 9, 2024, 113 shares were withheld to cover taxes for a restricted stock unit vesting at a price of $31.13 per share.
• Following this transaction, Selzer directly owns 56,180 shares, which includes shares acquired from dividend reinvestment transactions.
• On May 10, 2024, Selzer acquired 5,790 shares through a restricted stock unit award, with the shares valued at $0.
• Following this acquisition, Selzer directly owns 61,970 shares.
• The restricted stock units vest 100% upon the earlier of the one-year anniversary of the grant date or the day prior to the company's next regular meeting of shareholders following the grant date.
• These shares represent the equity portion of the annual retainer fee in the amount of $180,000.00, with the number of restricted stock units determined by dividing the dollar amount of the fee by $31.085, the average of the high ($31.27) and low ($30.90) price of the Issuer's common stock on the date of the grant.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to tax withholding and equity compensation. There are no significant positive or negative implications for the company's performance.

Positives

• The director received a grant of 5,790 shares, indicating continued alignment with the company's performance.

Future Outlook

The restricted stock units vest 100% upon the earlier of the one-year anniversary of the grant date or the day prior to the company's next regular meeting of shareholders following the grant date.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies like Weyerhaeuser. It provides transparency into the stock ownership of the company's directors.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units as a way to align management's interests with those of shareholders.
• The vesting schedule of the restricted stock units is typical, with vesting occurring over a one-year period or upon a specific event.
• Companies like International Paper and Resolute Forest Products also utilize similar equity compensation strategies for their executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock ownership of the company's directors.
• The equity compensation package aligns the director's interests with those of the shareholders.

Key Dates