|4Feb 4, 4:48 PM ET

Chaney Brian K 4

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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.