Rayonier (RYN) SVP uses 4,098 shares to cover tax withholding

Rhea-AI Filing Summary

Rayonier Inc. SVP & Chief Accounting Officer April J. Tice reported routine share withholdings to cover taxes on vested restricted stock. On April 1, 2026, a total of 4,098 Common Shares were withheld at $20.86 per share to satisfy tax withholding obligations.

After these entries, Tice directly holds 79,924.54 Common Shares and indirectly holds 568.94 Common Shares in trust. These F‑code transactions reflect tax-related dispositions, not open-market buying or selling.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Tice April J.

Role SVP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	236	$20.86	$5K
Tax Withholding	Common Shares	1,484	$20.86	$31K
Tax Withholding	Common Shares	1,061	$20.86	$22K
Tax Withholding	Common Shares	1,317	$20.86	$27K
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 83,786.54 shares (Direct); Common Shares — 568.94 shares (Indirect, In Trust)

Footnotes (1)

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Key Figures

Tax-withholding shares: 4,098 shares Withholding price: $20.86 per share Direct holdings after transactions: 79,924.54 shares +1 more

4 metrics

Tax-withholding shares 4,098 shares Common Shares withheld for tax obligation on April 1, 2026

Withholding price $20.86 per share Price used for F-code tax-withholding dispositions

Direct holdings after transactions 79,924.54 shares Common Shares directly held by April J. Tice after withholding

Indirect holdings in trust 568.94 shares Common Shares held indirectly in trust

Key Terms

tax withholding obligation, restricted stock, tax-withholding disposition, In Trust

4 terms

tax withholding obligation financial

"Shares withheld to cover the tax withholding obligation due to the vesting"

restricted stock financial

"obligation due to the vesting of restricted stock"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

In Trust financial

""nature_of_ownership": "In Trust""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tice April J.

(Last) (First) (Middle)

1 RAYONIER WAY

(Street)

WILDLIGHT FLORIDA 32097

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RAYONIER INC [ RYN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	04/01/2026		F		236(1)	D	$20.86	83,786.54	D
Common Shares	04/01/2026		F		1,484(1)	D	$20.86	82,302.54	D
Common Shares	04/01/2026		F		1,061(1)	D	$20.86	81,241.54	D
Common Shares	04/01/2026		F		1,317(1)	D	$20.86	79,924.54	D
Common Shares								568.94	I	In Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld to cover the tax withholding obligation due to the vesting of restricted stock.

Remarks:

	/s/ Sarah E. Miles / Attorney-In-Fact	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Rayonier (RYN) report for April J. Tice?

Rayonier reported that April J. Tice had shares withheld to cover taxes on vested restricted stock. Four Form 4 transactions show 4,098 Common Shares withheld on April 1, 2026 at $20.86 per share, classified as tax-withholding dispositions rather than open-market trades.

How many Rayonier (RYN) shares were withheld for April J. Tice’s taxes?

A total of 4,098 Rayonier Common Shares were withheld to cover April J. Tice’s tax obligations. The entries include four F-code transactions at $20.86 per share, corresponding to vesting of restricted stock, rather than discretionary buying or selling in the open market.

What are April J. Tice’s Rayonier (RYN) shareholdings after the Form 4 filings?

After the reported tax-withholding transactions, April J. Tice directly holds 79,924.54 Rayonier Common Shares. She also has an indirect position of 568.94 Common Shares held in trust, reflecting both direct and trust-based ownership disclosed in the Form 4 data.

Were the Rayonier (RYN) Form 4 transactions open-market sales by April J. Tice?

No, the Form 4 characterizes these as tax-withholding dispositions, not open-market sales. Code F and the footnote explain that shares were withheld to satisfy tax withholding obligations arising from the vesting of restricted stock, a routine compensation-related mechanism.

What does transaction code F mean in the Rayonier (RYN) Form 4 for April J. Tice?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects shares withheld to meet tax withholding obligations on restricted stock vesting, rather than voluntary purchases or sales in the market by April J. Tice.