Director Keith Bass gets 6,811 Rayonier (RYN) restricted shares

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

BASS KEITH E reported acquisition or exercise transactions in this Form 4 filing.

Rayonier Inc. director Keith E. Bass received a grant of 6,811 restricted common shares on May 15, 2026 as compensation for serving on the Board of Directors. The award vests immediately but is restricted from transfer until the earlier of four years after grant or six months after he leaves the Board. Following this grant, he directly holds 44,131 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BASS KEITH E

Role null

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

Holdings After Transaction: Common Shares — 44,131 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares granted: 6,811 shares Grant price: $19.82 per share Shares after grant: 44,131 shares +1 more

4 metrics

Shares granted 6,811 shares Restricted common shares granted to director on May 15, 2026

Grant price $19.82 per share Reference price for restricted stock grant

Shares after grant 44,131 shares Total Rayonier common shares directly owned by Keith E. Bass after transaction

Transfer restriction period 4 years / 6 months Non-transferable until earlier of 4 years from grant or 6 months after Board service ends

Key Terms

Restricted stock, Board of Directors, compensation, restrictions on transfer

4 terms

Restricted stock financial

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

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.

Board of Directors financial

"serving as a member of the Board of Directors of the Issuer"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

compensation financial

"Restricted stock granted as compensation for serving as a member"

restrictions on transfer financial

"subject to restrictions on transfer until the earlier of four years"

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 05:46 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^*

BASS KEITH E

(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	44,131	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.

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 (RYN) report for director Keith E. Bass?

Rayonier reported a stock grant to director Keith E. Bass. He received 6,811 restricted common shares as compensation for serving on the Board, with immediate vesting but transfer restrictions, increasing his direct holdings to 44,131 common shares after the transaction.

How many Rayonier (RYN) shares were granted to Keith E. Bass and at what price?

Keith E. Bass was granted 6,811 restricted common shares of Rayonier at a reference price of $19.82 per share. This grant was reported as a compensation award for his service on the Board of Directors rather than an open-market purchase.

When did the restricted stock grant to Rayonier (RYN) director Keith E. Bass occur?

The restricted stock grant to Keith E. Bass occurred on May 15, 2026. On that date, he was awarded 6,811 restricted common shares as Board compensation, with immediate vesting but specific restrictions on when those shares can be transferred or sold.

What are the vesting and transfer terms of Keith E. Bass’s Rayonier (RYN) restricted stock?

The restricted stock awarded to Keith E. Bass vests immediately upon grant. However, the shares cannot be transferred until the earlier of four years from the grant date or six months after he stops serving on Rayonier’s Board of Directors, according to the disclosure.

How many Rayonier (RYN) shares does Keith E. Bass own after this Form 4 transaction?

After this transaction, Keith E. Bass directly owns 44,131 Rayonier common shares. This total reflects his holdings following the grant of 6,811 restricted shares reported in the Form 4, all categorized as directly owned non-derivative common stock.

Was Keith E. Bass’s Rayonier (RYN) stock grant an open-market purchase or compensation award?

The stock grant to Keith E. Bass was a compensation award, not an open-market purchase. The Form 4 identifies the transaction as a grant or award acquisition and the footnote states it was granted for his service on Rayonier’s Board of Directors.