Rayonier (RYN) Director Keith E. Bass Receives 1,136-Share Award

What Happened Keith E. Bass, a director of Rayonier Inc. (RYN), was issued 1,136 common shares on 2026-08-28 at an effective price of $20.38 per share, a total value of $23,152. This transaction is an award/acquisition (code A) — shares issued as compensation rather than an open-market purchase.

Key Details

• Transaction date and terms: 2026-08-28 — 1,136 shares @ $20.38 per share; total value $23,152.
• Filing date: Form 4 filed 2026-08-31 (timely; within the standard 2-business-day window).
• Shares owned after transaction: Not specified in this filing.
• Footnote: Shares were issued in payment of the reporting person's quarterly retainer in lieu of cash under the Non-Employee Director Compensation Election.
• Transaction code: A (award/grant/acquisition).

Context This was a routine director compensation issuance (the director elected to receive shares instead of cash). Such grants are common for non-employee directors and reflect standard pay-choice mechanics rather than an active market purchase or sale signaling a change in sentiment. The grant value here is modest (~$23k) and should be viewed as compensation, not necessarily an investment decision by the director.