Form 4: Weyerhaeuser Executive Keith O'Rear Reports Changes in Beneficial Ownership
SEC Filing Form 4
Senior Vice President Keith O'Rear reports a transaction involving the withholding of shares to cover taxes for restricted stock unit vestings and dividend reinvestments.
Summary
- Keith O'Rear, a Senior Vice President at Weyerhaeuser Co, filed a Form 4 to report changes in beneficial ownership.
- On March 1, 2024, 4,646 shares were withheld to cover taxes for restricted stock unit vestings at a price of $34.38 per share.
- Following the transaction, O'Rear beneficially owns 178,656.9727 shares of Weyerhaeuser common stock.
- The reported holdings include shares acquired from dividend reinvestment transactions since the last Form 4 filing.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: shares withheld for tax purposes. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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