Rayonier (RYN) EVP Bridwell has 5,677 shares withheld to cover tax on vested stock

Rhea-AI Filing Summary

Rayonier Inc. executive Mark R. Bridwell reported tax-related share dispositions in Common Shares. On April 1, 2026, a total of 5,677 Common Shares of Rayonier were withheld at $20.86 per share to cover tax obligations tied to the vesting of restricted stock.

The transactions are coded as F, described as payment of tax liability by delivering securities, and are not open-market sales. Following these events, Bridwell holds 137,796 Common Shares directly and 3,444.79 Common Shares indirectly in trust.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Bridwell Mark R

Role EVP, GC and Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	530	$20.86	$11K
Tax Withholding	Common Shares	3,265	$20.86	$68K
Tax Withholding	Common Shares	872	$20.86	$18K
Tax Withholding	Common Shares	1,010	$20.86	$21K
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 142,943 shares (Direct); Common Shares — 3,444.79 shares (Indirect, In Trust)

Footnotes (1)

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Key Figures

Tax-withholding shares: 5,677 shares Tax-withholding price: $20.86 per share Direct holdings after transactions: 137,796 shares +2 more

5 metrics

Tax-withholding shares 5,677 shares Total F-coded Common Shares used for tax withholding on 2026-04-01

Tax-withholding price $20.86 per share Value applied to Common Shares in F-coded dispositions

Direct holdings after transactions 137,796 shares Common Shares directly owned by Mark R. Bridwell following Form 4 events

Indirect holdings in trust 3,444.79 shares Common Shares indirectly owned in trust, as reported in holding entry

Single F-coded disposition example 3,265 shares One of the F-coded Common Share tax-withholding transactions at $20.86

Key Terms

tax-withholding disposition, restricted stock, Common Shares, Form 4

4 terms

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.

restricted stock financial

"Shares withheld to cover the tax withholding 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.

Common Shares financial

"security_title": "Common Shares""

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Bridwell Mark R

(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)
	EVP, GC and Secretary

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		530(1)	D	$20.86	142,943	D
Common Shares	04/01/2026		F		3,265(1)	D	$20.86	139,678	D
Common Shares	04/01/2026		F		872(1)	D	$20.86	138,806	D
Common Shares	04/01/2026		F		1,010(1)	D	$20.86	137,796	D
Common Shares								3,444.79	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 did Rayonier (RYN) executive Mark R. Bridwell report in this Form 4?

Mark R. Bridwell reported that 5,677 Rayonier Common Shares were withheld to satisfy tax obligations from restricted stock vesting. These dispositions are coded F, meaning payment of tax liability by delivering securities rather than open-market sales.

How many Rayonier (RYN) shares were used for tax withholding by the executive?

A total of 5,677 Rayonier Common Shares were used for tax withholding. The shares were withheld in several F-coded transactions at a price of $20.86 per share, in connection with the vesting of restricted stock awards.

At what price were the Rayonier (RYN) shares valued for the tax-withholding transactions?

The tax-withholding dispositions valued Rayonier Common Shares at $20.86 per share. This price was applied to each F-coded transaction used to cover the tax withholding obligation arising from the vesting of restricted stock.

How many Rayonier (RYN) shares does Mark R. Bridwell hold after these transactions?

After the tax-withholding transactions, Mark R. Bridwell holds 137,796 Rayonier Common Shares directly. He also has an additional 3,444.79 Common Shares reported as indirectly owned in trust, according to the filing’s ownership table.

What does transaction code F mean in this Rayonier (RYN) Form 4 filing?

Transaction code F in this filing indicates shares delivered to pay tax liabilities or exercise costs. Here, the code reflects shares withheld to cover the tax withholding obligation resulting from the vesting of restricted stock granted to the executive.

Are the reported Rayonier (RYN) share dispositions open-market sales by the executive?

The reported dispositions are not open-market sales. They are F-coded tax-withholding events, where shares were withheld to satisfy tax obligations tied to restricted stock vesting, as described in the filing and related footnote.