Tice April J. 4

What Happened
April J. Tice, Senior Vice President & Chief Accounting Officer of Rayonier (RYN), had 372 shares withheld on 2026-04-03 to satisfy tax withholding related to the vesting of restricted stock. The shares were valued at $21.10 each, for a total of $7,849. This was an administrative tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-04-03; Price per share: $21.10; Total value: $7,849 (disposition via withholding).
• Shares owned after the transaction: not specified in the filing.
• Footnote: F1 — shares were withheld to cover the tax withholding obligation due to the vesting of restricted stock.
• Filing date: 2026-04-06; filed within the typical two-business-day Form 4 window (timely).

Context
Tax-withholding by share retention is common when restricted stock vests and is a routine administrative event rather than a directional insider trade. Transaction code F indicates the shares were surrendered solely to cover withholding obligations, not sold for liquidity.