RAYONIER INC|4Feb 3, 4:32 PM ET

CORR CHRISTOPHER T 4

4 · RAYONIER INC · Filed Feb 3, 2026

AI-generated summary of this filing

Updated Feb 3, 2026

Rayonier (RYN) SVP Christopher Corr Receives 18,164-Share Award

What Happened

Christopher T. Corr, Senior Vice President, Real Estate Development at Rayonier Inc. (RYN), was awarded/received 18,164 shares on 2026-01-30. The shares were reported as acquired at $0.00 (total $0) under an award (transaction code A).
Per the filing, the award resulted from the October 13, 2025 merger with Potlatchdeltic Corporation that caused outstanding performance share unit (PSU) awards to be deemed achieved; they are now only subject to original time-based vesting.

Key Details

Transaction date: 2026-01-30; Filing date (Form 4): 2026-02-03 (filed within the SEC’s two-business-day window).
Transaction type/code: A = Award/Grant; 18,164 shares acquired at $0.00 (no cash paid).
Vesting detail: The 18,164 shares reflect PSUs scheduled to vest on April 1 of 2026, 2027 and 2028 — 5,430; 5,775; and 6,959 shares, respectively (footnote).
Footnote summary: Merger caused each PSU to be deemed achieved based on the greater of target or actual performance; after the Effective Time they remain subject only to their original time-based vesting.
No indication in the filing of an immediate sale, tax withholding, or 10b5-1 plan.

Context

This is an award/vesting event triggered by a change of control (merger), not an open-market purchase or sale. Such merger-related accelerated achievement of PSUs is common and reflects contract terms rather than an independent buy/sell decision by the insider.

Form 4

Period: 2026-01-30

SVP, Real Estate Development

Transactions

Holdings

Footnotes (2)

[F1]In connection with the terms of the Agreement and Plan of Merger, dated October 13, 2025, by and among Rayonier Inc. ("Registrant"), Potlatchdeltic Corporation ("Potlatch"), and Redwood Merger Sub, LLC, a direct, wholly owned subsidiary of Registrant ("Merger Sub"), Potlatch merged with and into Merger Sub, with Merger Sub surviving as a direct, wholly owned subsidiary of the Registrant (the "Effective Time" and such transaction, the "Merger"). As a result of the Merger, at the Effective Time, a change of control was deemed to occur for each outstanding performance share unit ("PSU") award issued by the Registrant, resulting in each PSU award being deemed achieved based on the greater of target and actual performance. As a result, at the Effective Time, each PSU award was only subject to a time-based vesting condition based on the original vesting date of the PSU prior to the Effective Time.
[F2]The Reporting Person held 5,430 PSUs, 5,775 PSUs and 6,959 PSUs that will vest on April 1, 2026, April 1, 2027 and April 1, 2028, respectively.

Signature

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

1 file