O'Rourke James Calvin 4
Research Summary
AI-generated summary
Weyerhaeuser Director James O'Rourke Withholds 106 Shares for Taxes
What Happened
- Director James Calvin O'Rourke had 106.34 shares withheld on May 9, 2026 to cover taxes related to a restricted stock unit (RSU) vesting. The shares were valued at $23.53 each, totaling approximately $2,502. This filing reports the withholding as a disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-05-09; Price per share: $23.53; Total value: ~$2,502.
- Transaction code: F — shares withheld to satisfy tax obligations on RSU vesting.
- Shares owned after transaction: not specified in the supplied excerpt; the filing notes reported holdings include dividend reinvestment and a cash payment in lieu of fractional shares (see footnote F2).
- Footnotes: F1 — shares withheld to cover taxes for RSU vesting. F2 — reported holdings include shares from dividend reinvestment and reflect cash in lieu of fractional shares.
- No indication in the provided data that this filing was late.
Context
- Tax-withholding dispositions on RSU vesting are routine administrative transactions and do not represent a discretionary sale or a buying signal by the insider. They reduce the insider's holding by the withheld amount but are common when awards vest.