WASECHEK WAYNE 4

What Happened Wayne Wasechek, EVP and Chief Financial Officer of Rayonier (RYN), sold 2,920 shares on April 20, 2026 in an open-market disposition. The weighted average sale price was $21.17 (range $21.07–$21.32), generating total proceeds of approximately $61,816. The Form 4 was filed on April 21, 2026.

Key Details

• Transaction date: 2026-04-20
• Filing date: 2026-04-21 (no late-filing flag provided in the supplied data)
• Transaction type/code: Sale (open market), Code S
• Shares sold: 2,920
• Price: Weighted avg $21.17; range $21.07–$21.32 (see footnote F2)
• Proceeds: ~$61,816
• Footnote F1: Sale executed under a written 10b5-1 plan adopted Aug 1, 2024 as a "sell to cover" to satisfy tax withholding on vested restricted stock units and performance shares — not a discretionary trade by the reporting person.
• Shares owned after transaction: Not specified in the provided filing.

Context This was a sell-to-cover tied to tax withholding for equity awards, a routine administrative sale rather than an ad hoc trade. Such transactions generally do not imply a change in insider sentiment; purchases are typically a stronger signal of confidence.