Form 4: Weyerhaeuser Executive Keith O'Rear Sells Shares Under 10b5-1 Trading Plan

Senior Vice President Keith O'Rear of Weyerhaeuser Co. sold 8,349 shares of common stock at an average price of $36.0264, executed under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Keith O'Rear, a Senior Vice President at Weyerhaeuser Co., sold 8,349 shares of common stock on March 28, 2024.
• The sale was executed under a Rule 10b5-1 trading plan adopted on August 3, 2023.
• The shares were sold at prices ranging from $36.00 to $36.13, with a weighted average sale price of $36.0264.
• Following the transaction, O'Rear directly owns 170,664.6027 shares of Weyerhaeuser common stock, including shares acquired through dividend reinvestment.
• The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a routine stock sale under a pre-arranged trading plan. No indication of positive or negative implications for the company.

Industry Context

Sales by executives are a normal part of corporate activity. The use of a 10b5-1 plan suggests the executive is selling shares in a pre-planned manner to avoid accusations of insider trading.

Key Dates