Bridwell Mark R 4

What Happened

• Mark R. Bridwell, EVP, General Counsel and Secretary of Rayonier, had 5,677 shares withheld to cover tax withholding related to the vesting of restricted stock. The withholding entries on April 1, 2026 were: 530 shares @ $20.86 = $11,056; 3,265 shares @ $20.86 = $68,108; 872 shares @ $20.86 = $18,190; and 1,010 shares @ $20.86 = $21,069. Total withheld: 5,677 shares, aggregate value about $118,423.
• This was a tax-withholding disposition (routine), not an open-market sale or a purchase.

Key Details

• Transaction date and price: April 1, 2026 — all at $20.86 per share.
• Shares involved: 530; 3,265; 872; 1,010 (total 5,677).
• Total value: approximately $118,423.
• Shares owned after transaction: not specified in the provided Form 4 excerpt.
• Footnote: F1 — shares were withheld to satisfy tax withholding obligations due to restricted stock vesting.
• Filing timeliness: Form filed April 3, 2026 for an April 1 transaction — appears timely (within the standard 2-business-day Form 4 window).

Context

• These entries reflect share withholding to cover taxes on vested restricted stock (a common, administrative action). This is not an active market sale and generally considered routine rather than a directional insider signal.