CREMERS ERIC J 4

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.