BECKWITT RICHARD 4
Research Summary
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Weyerhaeuser (WY) Director Richard Beckwitt Receives Restricted Stock Award
What Happened Richard Beckwitt, a director of Weyerhaeuser Co. (WY), was granted 7,832 restricted stock units (RSUs) on May 15, 2026. The Form 4 reports the acquisition as 7,832 shares at $0.00 (award). The grant represents the equity portion of his annual director retainer valued at $180,000 (see footnote for calculation based on a $22.98 per‑share average price).
Key Details
- Transaction type/date: Grant (Code A) on 2026-05-15; reported on Form 4 filed 2026-05-19.
- Price reported: $0.00 per share (award).
- Shares granted: 7,832 RSUs (rounded down from calculation of $180,000 / $22.98).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: RSUs vest 100% upon the earlier of the one‑year anniversary of the grant or the day prior to the company’s next regular shareholders’ meeting; additional units accrue when dividends are paid.
- Timeliness: Form 4 filed 4 days after the transaction (May 19 for a May 15 grant); Form 4s are generally required within two business days of the transaction.
Context This is a routine director compensation award (equity retainer) rather than an open-market purchase or sale. Awards at $0.00 reflect grants, not cash purchases, and vesting conditions mean Beckwitt does not receive full marketable shares immediately. Such grants are common and do not, by themselves, indicate the director’s near‑term trading intentions.