Long Douglas M 4

What Happened Douglas M. Long, Executive Vice President & Chief Revenue Officer of Rayonier Inc. (RYN), was awarded 46,896 shares (reported as an acquisition at $0.00) on January 30, 2026. The award reflects performance share units (PSUs) that were deemed achieved as a result of Rayonier’s merger with Potlatchdeltic; the PSUs were converted to time‑based awards and will vest on their original schedule.

Key Details

• Transaction date: 2026-01-30; Form 4 filed 2026-02-03 (filed within the 2-business-day reporting window).
• Transaction type/code: Award/Grant (Code A).
• Shares awarded: 46,896; reported acquisition price: $0.00.
• Shares/PSUs after transaction: 46,896 PSUs in total, broken down as: 12,821 vesting April 1, 2026; 15,784 vesting April 1, 2027; 18,291 vesting April 1, 2028.
• Footnote: Per the Merger Agreement (Oct 13, 2025), the Potlatch–Rayonier merger triggered a change of control that caused outstanding PSUs to be deemed achieved (based on greater of target or actual performance) and converted to time‑based vesting.
• No cash was paid for these shares; the Form 4 reports $0 because this is an award, not an open‑market purchase.

Context These were PSU awards converted to time‑based grants due to a change of control in the merger; they are not market purchases or sales and therefore do not by themselves indicate insider buying/selling sentiment. The awards will vest on the listed future dates—any subsequent sale or transfer would be reported separately on Form 4.