CORR CHRISTOPHER T 4
Research Summary
AI-generated summary
Rayonier (RYN) SVP Christopher Corr Withholds Shares for Taxes
What Happened
Christopher T. Corr, Senior Vice President, Real Estate Development at Rayonier (RYN), had a total of 3,744 shares withheld on April 1, 2026 to satisfy tax withholding obligations related to the vesting of restricted stock. The withholdings were reported as dispositions at a price of $20.86 per share, totaling about $78,100 across four withholding events (353, 2,137, 569, and 685 shares).
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (two days after the transactions).
- Price per share: $20.86. Individual withholdings: 353 ($7,364), 2,137 ($44,578), 569 ($11,869), 685 ($14,289). Aggregate: 3,744 shares, ~$78,100.
- Shares owned after transaction: not reported in this filing.
- Footnote: F1 — Shares withheld to cover the tax withholding obligation due to the vesting of restricted stock (tax-withholding/cashless settlement).
- Transaction code: F = tax withholding on vested awards (disposition), not an open-market sale.
Context
This was a routine tax-withholding transaction tied to vested restricted stock — the company withheld shares rather than the insider selling shares on the open market. Such withholdings are administrative and do not necessarily indicate a change in the insider’s view of the company.