Form 4: Weyerhaeuser Executive Brian K. Chaney Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Senior Vice President Brian K. Chaney of Weyerhaeuser Co. reports disposing of shares to cover tax obligations related to restricted stock unit and performance share unit vestings.
Summary
- Brian K. Chaney, a Senior Vice President at Weyerhaeuser Co., filed a Form 4 detailing changes in beneficial ownership.
- On March 1, 2025, Chaney disposed of 1,201 shares of common stock at $30.1 to cover taxes for restricted stock unit vestings.
- Additionally, Chaney disposed of 395 shares of common stock at $30.1 to cover taxes for a performance share unit vesting.
- Following these transactions, Chaney beneficially owns 90,124.1292 shares of Weyerhaeuser common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal for tax obligations related to restricted stock unit and performance share unit vestings. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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