Chaney Brian K 4
Research Summary
AI-generated summary
WY SVP Brian Chaney Withholds 3,491 Shares for Taxes
What Happened
- Brian K. Chaney, Senior Vice President of Weyerhaeuser Co. (WY), had 3,491 shares withheld to satisfy tax withholding related to restricted stock unit (RSU) vesting. The shares were valued at $24.39 each, for a total of $85,145, and were reported as a disposition on 2026-06-03.
Key Details
- Transaction date: 2026-06-03; Price per share: $24.39; Total value: $85,145.
- Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
- Footnote F1: Shares (rounded up to the nearest whole share) were withheld to cover taxes on RSU vesting.
- Footnote F2: Reported holdings include shares acquired since the last Form 4 via dividend reinvestment (exempt from Section 16).
- Filing date: 2026-06-04 (reported the transaction the next day). The filing does not indicate a 10b5-1 plan or a market sale beyond the withholding.
Context
- This was a tax-withholding disposition tied to RSU vesting (a routine, administrative action), not an open-market sale or purchase signaling a trade decision. Such withholdings are common when restricted shares vest and typically do not alone indicate the insider’s market sentiment.