CREMERS ERIC J 4

4 · RAYONIER INC · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

Rayonier (RYN) Executive Chairman Eric Cremers Sells 169,200 Shares

What Happened

Eric J. Cremers, Executive Chairman and a director of Rayonier (RYN), sold 169,200 shares on February 27, 2026. The weighted average sale price was $21.44 per share for total proceeds of approximately $3,627,648. The reported transaction code is S (sale).

Key Details

Transaction date: 2026-02-27; weighted average price: $21.44; price range reported: $21.21–$21.61.
Total shares sold: 169,200; approximate proceeds: $3,627,648.
Footnote: Sales were made pursuant to a written Rule 10b5-1 trading plan adopted Aug 12, 2024, and were a "sell to cover" to satisfy tax withholding on vested restricted stock units and performance share awards (not discretionary trades).
The filing (Accession 0001219350-26-000010) was submitted on 2026-03-02, which is within the two-business-day reporting window for the 2026-02-27 transaction.
Shares owned after the transaction are not specified in the provided filing excerpt.

Context

These sales were executed under a pre-established 10b5-1 plan specifically to cover tax obligations tied to previously granted awards. Such "sell to cover" transactions are routine and do not necessarily indicate a change in the insider's view of the company.

Form 4

Period: 2026-02-27

DirectorExecutive Chairman

Transactions

Sale
Common Shares
[F1][F2]
2026-02-27$21.44/sh−169,200$3,627,648→ 709,583 total

Footnotes (2)

[F1]These sales were effected pursuant to written instructions adopted by the reporting person on August 12, 2024, which are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Pursuant to the written instructions, the reporting person made a "sell to cover" election for the sole purpose of satisfying the tax withholding obligations arising upon the settlement of previously granted restricted stock unit awards and performance share awards. These sales do not represent discretionary trades by the reporting person.
[F2]The price shown is a weighted average sales price for shares sold in multiple transactions; the sales prices ranged from $21.21 to $21.61 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

Signature

/s/ Sarah E. Miles / Attorney-In-Fact|2026-03-02

1 file