Tice April J. 4

What Happened

• April J. Tice, SVP & Chief Accounting Officer of Rayonier (RYN), had a total of 4,098 shares disposed on April 1, 2026 through share withholding to cover tax obligations tied to vesting restricted stock. The transactions were recorded at $20.86 per share, with the four withholdings shown as: 236 shares @ $20.86 = $4,923; 1,484 shares @ $20.86 = $30,956; 1,061 shares @ $20.86 = $22,132; and 1,317 shares @ $20.86 = $27,473. Total value ≈ $85,484. This was a tax-withholding disposition (routine), not an open-market purchase.

Key Details

• Transaction date: 2026-04-01; reported on Form 4 filed 2026-04-03 (appears timely within the standard 2-business-day window).
• Price per share: $20.86 for all entries.
• Shares disposed: 4,098 total across four withholding events; total proceeds/value ≈ $85,484.
• Transaction code: F (shares withheld to cover tax withholding on vesting). Footnote F1: confirms shares were withheld to satisfy tax withholding obligations due to restricted stock vesting.
• Shares owned after the transaction: not disclosed in the provided filing details.

Context

• This was a tax-withholding disposition related to restricted stock vesting (a routine corporate payroll/tax action), not an open-market sale expressing a view on the company. Such withholdings are common and generally less informative about insider sentiment than voluntary sales or purchases.