Form 4: Weyerhaeuser Director Nicole Piasecki Reports Stock Transactions

Director Nicole Piasecki reports acquisition and disposal of Weyerhaeuser shares related to tax withholding, dividend reinvestment, and a restricted stock unit award.

Summary

• Nicole Piasecki, a director of Weyerhaeuser Co, filed a Form 4 detailing changes in beneficial ownership.
• On May 8, 2025, 89 shares were disposed of to cover taxes related to a restricted stock unit vesting at a price of $25.94.
• Also on May 8, 2025, Ms. Piasecki received a cash payment in lieu of fractional shares.
• On May 9, 2025, Ms. Piasecki acquired 6,849 shares pursuant to a restricted stock unit award.
• These shares were granted as the equity portion of the annual retainer fee in the amount of $180,000.
• The number of restricted stock units was determined by dividing the dollar amount of the fee by $26.28, the average of the high ($26.50) and low ($26.06) price of Weyerhaeuser's common stock on the date of the grant.
• Following these transactions, Ms. Piasecki directly owns 12,706 shares and indirectly owns 784 shares held by her spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to director compensation and does not indicate any significant positive or negative developments for the company.

Positives

• The acquisition of shares through a restricted stock unit award aligns the director's interests with those of the shareholders.

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

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash and equity.
• Restricted stock units are a common form of equity compensation, aligning director interests with shareholder value.
• The vesting schedule of one year or until the next shareholder meeting is a typical arrangement.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• The equity-based compensation structure aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Weyerhaeuser, Director, Stock, Form 4, Restricted Stock Unit, Beneficial Ownership, Piasecki