Form 4: Weyerhaeuser Director Sara Grootwassink Lewis Reports Acquisition of Share Equivalents

Director Sara Grootwassink Lewis reports acquiring 6,849 share equivalents in Weyerhaeuser through the company's Fee Deferral Plan for Directors.

Summary

• Sara Grootwassink Lewis, a director of Weyerhaeuser Co, reported acquiring 6,849 share equivalents on May 9, 2025.
• These share equivalents were obtained through the Issuer's Fee Deferral Plan for Directors.
• Lewis elected to defer receipt of restricted stock units into an equal number of share equivalents.
• The restricted stock units represent the equity portion of the annual retainer fee in the amount of $180,000.
• The number of units was determined by dividing the dollar amount of the fee by $26.28, the average of the high and low price of Weyerhaeuser's common stock on the date of the grant.
• Additional share equivalents accrue as and when dividends are paid on the Issuer's common stock.
• Share equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director.
• Reported holdings include share equivalents acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions.
• Following the reported transaction, Lewis beneficially owns 69,947.103 share equivalents.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-governed company. The director's participation in the fee deferral plan is a positive signal.

Positives

• The director's participation in the Fee Deferral Plan demonstrates confidence in the company's future performance.

Future Outlook

The share equivalents will be paid in an equal number of shares of Weyerhaeuser's common stock upon the Reporting Person's termination of service as a director.

Industry Context

Directors often participate in stock-based compensation plans to align their interests with those of shareholders. Fee deferral plans are a common way for directors to accumulate company stock over time.

Comparison to Industry Standards

• Director compensation packages, including equity-based awards, are common across publicly traded companies.
• Companies like International Paper (IP) and Resolute Forest Products (RFP) also utilize equity-based compensation for their directors.
• The specific terms of these plans, such as the vesting schedules and the types of equity granted, can vary significantly.

Stakeholder Impact

• The transaction aligns the director's interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates

Keywords

Weyerhaeuser, Director, Share Equivalents, Fee Deferral Plan, Sara Grootwassink Lewis, Form 4, Dividend Reinvestment