Keatley Travis A 4
4 · WEYERHAEUSER CO · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Weyerhaeuser (WY) SVP Travis Keatley Sells 19,537 Shares to Cover Taxes
What Happened
Travis A. Keatley, Senior Vice President of Weyerhaeuser Co. (WY), had a total of 19,537 shares withheld on March 1, 2026 to cover tax liabilities tied to equity vestings. The filing shows two withholding transactions: 10,510 shares at $24.53 each ($257,810) and 9,027 shares at $24.53 each ($221,432), a combined value of $479,242. These were tax-withholding disposals associated with restricted and performance stock unit vestings, not open-market sales for investment purposes.
Key Details
- Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (appears timely).
- Prices and amounts: 10,510 shares @ $24.53 = $257,810; 9,027 shares @ $24.53 = $221,432; total 19,537 shares / $479,242.
- Shares owned after transaction: not specified in this filing.
- Footnotes: F1 = shares withheld to cover taxes on 2022 restricted stock unit vesting (fractional shares settled in cash). F2 = shares withheld to cover taxes on 2023 performance stock unit vesting (fractional shares settled in cash).
- Transaction code F indicates shares were disposed to satisfy tax withholding for award vesting.
Context
Withholding shares to cover taxes is a routine administrative step when RSUs/PSUs vest and does not necessarily reflect the insider's view of the stock. This is effectively a cashless settlement of tax liability rather than an intentional market sale; retail investors typically treat these transactions as neutral.
Insider Transaction Report
- Tax Payment
Common
[F1]2026-03-01$24.53/sh−10,510$257,810→ 180,665.292 total - Tax Payment
Common
[F2]2026-03-01$24.53/sh−9,027$221,432→ 171,638.292 total
Footnotes (2)
- [F1]These shares are being withheld to cover taxes for restricted stock unit vestings. The number of shares reflects the settlement of fractional shares in cash upon full vesting of the 2022 restricted stock unit award.
- [F2]These shares are being withheld to cover taxes for a performance share unit vesting. The number of shares reflects the settlement of fractional shares in cash upon full vesting of the 2023 performance stock unit award.