Chaney Brian K 4
Research Summary
AI-generated summary
Weyerhaeuser (WY) SVP Brian K. Chaney Receives Stock Awards
What Happened
Brian K. Chaney, Senior Vice President of Weyerhaeuser Co. (WY), received stock awards totaling 34,101.743 shares in two grant events. On 2026-02-12 he was credited with 1,617.743 shares (performance share units earned; $0.00 per share), and on 2026-02-13 he was granted 32,484 restricted stock units (RSUs; $0.00 per share). The reported acquisition value at grant is $0.00 because these are compensation awards rather than open-market purchases. The performance shares vest on March 1, 2026; the RSUs vest in four equal annual installments beginning March 1, 2027.
Key Details
- Transaction type: A = Award/Grant (not an open-market purchase or sale)
- Dates & amounts:
- 2026-02-12: 1,617.743 shares (performance share units) @ $0.00
- 2026-02-13: 32,484 shares (RSUs) @ $0.00
- Total reported: 34,101.743 shares
- Footnotes:
- F1: Performance shares earned upon certification of performance; vests March 1, 2026. Includes additional shares from dividend reinvestments.
- F2: RSUs vest in four equal annual installments beginning March 1, 2027.
- Filing: Form 4 filed 2026-02-17 (timely for these transactions based on SEC business-day deadlines).
- Shares owned after the transactions: not disclosed in the provided excerpt of the filing.
Context
These entries reflect compensation awards (performance shares and RSUs). Awards are common executive compensation and do not represent open-market buying or selling; they become meaningful for ownership or selling decisions only as they vest and are settled. Performance shares are tied to achievement of corporate goals, while RSUs vest over time per the schedule above.