Breard Linda M. 4
4 · RAYONIER INC · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Rayonier Director Linda Breard Receives Restricted Stock Award
What Happened Linda M. Breard, a director of Rayonier Inc. (RYN), was granted 6,811 restricted shares on May 15, 2026 at a reported value of $19.82 per share, totaling $134,994. The award was granted as compensation for Board service. The shares vest immediately but are subject to transfer restrictions (see details below).
Key Details
- Transaction date: 2026-05-15; filing date: 2026-05-19 (filed within the two-business-day Form 4 window).
- Transaction type/code: Award/Grant (A).
- Shares granted: 6,811; price/value used: $19.82 per share; total value: $134,994.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote highlights:
- F1: The restricted stock vests immediately but cannot be transferred until the earlier of four years from the grant or six months after Breard ceases Board service.
- F2: The award includes 743.4 dividend equivalent units (DEUs) accumulated since the last report; DEUs vest/pay with the underlying award and are subject to any deferral election under the plan.
- No indication in the filing that this was part of a 10b5-1 plan, tax-withholding sale, or late filing.
Context This was a compensation grant to a board member (routine for non-employee directors) rather than an open-market purchase or sale. Such director awards reflect standard pay practices and do not by themselves signal the director buying or selling shares based on private views of the company. Retail investors may want to track overall insider holdings and subsequent transactions for additional context.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-05-15$19.82/sh+6,811$134,994→ 66,514.4 total
Footnotes (2)
- [F1]Restricted stock granted as compensation for serving as a member of the Board of Directors of the Issuer. Such award vests immediately and is subject to restrictions on transfer until the earlier of four years from the date of the grant or upon a date six months following the date on which the Reporting Person ceases to serve as a member of the Board of Directors.
- [F2]Includes 743.4 dividend equivalent units ("DEU") acquired since the Reporting Person's last report. These DEUs will vest and be paid at the same time as the underlying award and be subject to the Reporting Person's deferral election, if any, under the applicable plan under which such awards were issued.