Wold David M 4
Research Summary
AI-generated summary
Weyerhaeuser (WY) CFO David Wold Withholds Shares for Taxes
What Happened
- David M. Wold, Senior Vice President & Chief Financial Officer of Weyerhaeuser Co. (WY), had a total of 18,551 shares withheld to cover tax liabilities related to equity vestings. The withholding consisted of 9,524 shares and 9,027 shares, each withheld at an effective price of $24.53, totaling $233,624 and $221,432 respectively (combined $455,056). This is a tax-withholding disposition (not an open-market sale or a purchase).
Key Details
- Transaction date(s): March 1, 2026; Filing date: March 3, 2026 (Form 4 accession 0001776782-26-000002). Filing appears timely.
- Price(s): $24.53 per share for both withholding events.
- Shares withheld/ disposed: 9,524 and 9,027 (total 18,551).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 — shares withheld to cover taxes on the 2022 restricted stock unit award; fractional shares settled in cash upon full vesting. F2 — shares withheld to cover taxes on the 2023 performance stock unit award; fractional shares settled in cash upon full vesting.
- Transaction code: F (payment of exercise price or tax liability — here used for tax withholding).
Context
- This was a routine tax-withholding to satisfy tax obligations on RSU and PSU vestings (often called "sell-to-cover" or withholding), not an indication of a discretionary open-market sale or purchase by the insider. Such withholdings are standard when restricted/performance awards vest and do not necessarily signal management sentiment about the stock.