BECKWITT RICHARD 4
Research Summary
AI-generated summary
Weyerhaeuser Director Richard Beckwitt Withholds 60.55 Shares
What Happened
- Richard Beckwitt, a director of Weyerhaeuser Co. (WY), had 60.55 shares withheld on May 9, 2026 to cover taxes related to the vesting of restricted stock units (RSUs). The withholding was recorded at $23.53 per share for a value of roughly $1,425. This was a tax-withholding disposition of shares, not an open-market sale or purchase.
Key Details
- Transaction date: 2026-05-09; Report filed: 2026-05-12.
- Shares withheld: 60.55 at $23.53 per share; total value ≈ $1,425.
- Transaction code: F (tax withholding to cover RSU vesting).
- Footnote F1: Shares withheld to cover taxes on RSU vesting.
- Footnote F2: Reported holdings include DRIP-acquired shares and reflect a cash payment in lieu of fractional shares upon vesting.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: the report was filed three days after the transaction date; the filing does not flag a late report in the provided information.
Context
- This is a routine tax-withholding event tied to RSU vesting. The shares were withheld by the company to satisfy tax obligations (not sold on the open market), so it should not be interpreted as a directional buy or sell signal by the insider.