McHugh Mark 4

What Happened

• Mark McHugh, President & CEO and Director of Rayonier, was granted 17,058 restricted stock units (RSUs) on 2026-02-02. The Form 4 reports the acquisition price as $0 and total value as $0 because these are time‑based RSU awards rather than an open‑market purchase.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04.
• Instrument: Award/Grant (code A) — 17,058 RSUs @ $0.00 reported.
• Shares owned after transaction: not stated on the filing.
• Footnote: F1 — RSUs vest in four equal annual installments beginning on the first anniversary of the grant, subject to continued employment.
• Filing timeliness: Form 4 filed two days after the grant date; filing shows no indication of lateness.

Context

• This was a standard equity award (RSUs) for an executive, not an open‑market purchase or sale. RSUs convert into actual shares only as they vest, so immediate share ownership and voting rights typically do not change until vesting. The grant is common executive compensation and should be viewed as a compensation award rather than a direct market signal.