What price per share is reported for Linda Breard’s Rayonier (RYN) stock award?

The filing reports a value of $19.82 per common share for Linda Breard’s 6,811-share grant. This figure typically reflects the grant-date fair value used for compensation purposes under the company’s equity incentive or director compensation program.

Rayonier (RYN) director Linda Breard receives 6,811-share stock grant

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Rayonier Inc. director Linda M. Breard received a stock grant as board compensation. She acquired 6,811 common shares at a reported value of $19.82 per share, increasing her direct holdings to 66,514.4 shares. The restricted stock vests immediately but faces transfer limits for up to four years or until after she leaves the board. Her total includes 743.4 dividend equivalent units that will vest and pay on the same schedule as the underlying award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Breard Linda M.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	6,811	$19.82	$135K

Holdings After Transaction: Common Shares — 66,514.4 shares (Direct, null)

Footnotes (1)

Restricted stock granted as compensation for serving as a member of the Board of Directors of the Issuer. Such award vests immediately and is subject to restrictions on transfer until the earlier of four years from the date of the grant or upon a date six months following the date on which the Reporting Person ceases to serve as a member of the Board of Directors. Includes 743.4 dividend equivalent units ("DEU") acquired since the Reporting Person's last report. These DEUs will vest and be paid at the same time as the underlying award and be subject to the Reporting Person's deferral election, if any, under the applicable plan under which such awards were issued.

Key Figures

Shares granted: 6,811 shares Grant value per share: $19.82 per share Total holdings after grant: 66,514.4 shares +1 more

4 metrics

Shares granted 6,811 shares Restricted stock award as board compensation

Grant value per share $19.82 per share Reported value for restricted stock grant

Total holdings after grant 66,514.4 shares Direct common share holdings following transaction

Dividend equivalent units 743.4 units DEUs included in reported holdings

Key Terms

restricted stock, dividend equivalent units, deferral election

3 terms

restricted stock financial

"Restricted stock granted as compensation for serving as a member of the Board of Directors"

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.

dividend equivalent units financial

"Includes 743.4 dividend equivalent units ("DEU") acquired since the Reporting Person's last report"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

deferral election financial

"subject to the Reporting Person's deferral election, if any, under the applicable plan"

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 05:44 PM

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^*

Breard Linda M.

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	05/15/2026		A		6,811⁽¹⁾	A	$19.82	66,514.4⁽²⁾	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted stock granted as compensation for serving as a member of the Board of Directors of the Issuer. Such award vests immediately and is subject to restrictions on transfer until the earlier of four years from the date of the grant or upon a date six months following the date on which the Reporting Person ceases to serve as a member of the Board of Directors.

2. Includes 743.4 dividend equivalent units ("DEU") acquired since the Reporting Person's last report. These DEUs will vest and be paid at the same time as the underlying award and be subject to the Reporting Person's deferral election, if any, under the applicable plan under which such awards were issued.

Remarks:

	/s/ Sarah E. Miles / Attorney-In-Fact	05/19/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did RAYONIER INC (RYN) director Linda Breard report?

Linda M. Breard reported receiving a grant of 6,811 common shares as board compensation. The award is in restricted stock, vests immediately, and increases her direct holdings to 66,514.4 shares, including related dividend equivalent units.

How many RYN shares does Linda Breard hold after this Form 4 transaction?

After the reported grant, Linda Breard directly holds 66,514.4 common shares of Rayonier Inc. This total includes the newly granted restricted stock and 743.4 dividend equivalent units tied to earlier awards under the company’s compensation plans.

What are the key terms of Linda Breard’s restricted stock grant at Rayonier (RYN)?

The restricted stock was granted as compensation for serving on the board and vests immediately. Transfers are restricted until the earlier of four years from grant or six months after she ceases serving as a director, limiting near-term liquidity from the award.

What are dividend equivalent units (DEUs) in Linda Breard’s RYN holdings?

Dividend equivalent units are credits that mirror dividends on restricted stock or units. Breard’s reported holdings include 743.4 DEUs, which will vest and be paid at the same time as the related underlying award, subject to any deferral elections she has made.