McHugh Mark 4

What Happened

• Mark McHugh, President & CEO and a director of Rayonier (RYN), had 1,929 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock. The shares were valued at $21.10 each, totaling $40,702. This was a withholding (tax payment) rather than an open-market sale or a purchase.

Key Details

• Transaction date: 2026-04-03; Filing date: 2026-04-06.
• Shares withheld/disposed: 1,929 at $21.10; total value: $40,702.
• Transaction code/footnote: F (shares withheld to cover tax withholding on vested restricted stock) — footnote F1 confirms withholding for taxes.
• Shares owned after the transaction: not specified in the provided filing details.
• Filing timeliness: report filed Apr 6 for an Apr 3 transaction; the filing does not indicate a late filing.

Context

• This is a routine tax-withholding event (often called a "cashless withholding") associated with RSU vesting and does not represent an open-market sale by the insider. Such withholdings are administrative and typically do not signal a change in the insider’s market view.