Chaney Brian K 4
Research Summary
AI-generated summary
Weyerhaeuser SVP Brian K. Chaney Sells 4,769 Shares
What Happened
Brian K. Chaney, Senior Vice President of Weyerhaeuser Co. (WY), had a total of 4,769 shares disposed on 2026-03-01 as tax-withholdings for equity award vestings. The withholding consisted of 4,132 shares and 637 shares, both at $24.53 per share, generating proceeds of $101,358 and $15,626 respectively (total ≈ $116,984). These were not open-market sales but shares retained by the company to satisfy tax liabilities on vested awards (coded F).
Key Details
- Transaction date: 2026-03-01; Filing date: 2026-03-03 (timely Section 16 filing).
- Price per share: $24.53 for both withholdings.
- Share counts: 4,132 shares (F) = $101,358; 637 shares (F) = $15,626; total 4,769 shares ≈ $116,984.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — shares withheld to cover taxes for 2022 restricted stock unit vesting; fractional shares settled in cash. F2 — shares withheld to cover taxes for 2023 performance stock unit vesting; fractional shares settled in cash.
- Transaction type code: F = tax withholding (not a voluntary open-market sale). No 10b5-1 plan or late filing indicated.
Context
Tax-withholding dispositions for vested RSUs/PSUs are routine and reflect tax obligations rather than a decision to sell stock for investment reasons. These transactions are treated as dispositions on Form 4 but do not necessarily indicate insider sentiment about the company.