Chaney Brian K 4
4 · WEYERHAEUSER CO · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Weyerhaeuser SVP Brian K. Chaney Exercises Options, Sells 11,157 Shares
What Happened Brian K. Chaney, Senior Vice President at Weyerhaeuser (WY), exercised 11,157 stock options on Feb 3, 2026 at a strike price of $23.09 (cost $257,615) and immediately sold the 11,157 shares in the open market for a weighted-average $25.82 per share, receiving $288,037. The exercise and sale produced a gross spread of about $30,422 before fees and taxes.
Key Details
- Transaction date: 2026-02-03; Form 4 filed 2026-02-04 (timely within SEC reporting window).
- Exercise: 11,157 shares at $23.09 per share — total exercise cost $257,615 (M = option exercise).
- Sale: 11,157 shares at weighted-average $25.82 per share — total proceeds $288,037 (S = open market sale).
- Sale executed in multiple trades at prices between $25.79 and $25.85 (filing reports the weighted-average price).
- Footnotes: option was fully vested (F3); reported holdings include dividend reinvestment activity since last Form 4 (F1).
- Shares owned after the transaction: not specified in this filing.
Context This was a common cashless-type transaction: exercising vested options and immediately selling the resulting shares. Such transactions realize the option spread as cash and are generally routine for executives when options vest; they do not by themselves indicate a change in company outlook.
Insider Transaction Report
- Exercise/Conversion
Common
[F1]2026-02-03$23.09/sh+11,157$257,615→ 99,995.242 total - Sale
Common
[F2]2026-02-03$25.82/sh−11,157$288,037→ 88,838.242 total - Exercise/Conversion
Stock Option (right to buy)
[F3]2026-02-03−11,157→ 0 totalExercise: $23.09From: 2017-02-09Exp: 2026-02-09→ Common (11,157 underlying)
Footnotes (3)
- [F1]Reported holdings include shares acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]This transaction was executed in multiple trades at prices ranging from $25.79 to $25.85. The price reported herein reflects the weighted average sale price of all the trades. The Reporting Person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]The option is fully vested.