Rayonier (RYN) EVP Bridwell reports 817 shares withheld for tax on vesting

Rhea-AI Filing Summary

Rayonier Inc. EVP, GC and Secretary Mark R. Bridwell reported a routine tax-related share disposition. On April 3, 2026, 817 Common Shares were withheld at $21.10 per share to cover the tax withholding obligation from vesting restricted stock, rather than through an open-market sale.

After this withholding, Bridwell directly holds 136,979 Common Shares and indirectly holds 3,442.98 Common Shares in trust, showing he retains a substantial equity position in Rayonier.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bridwell Mark R

Role EVP, GC and Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	817	$21.10	$17K
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 136,979 shares (Direct); Common Shares — 3,442.98 shares (Indirect, In Trust)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 817 shares Withholding price per share: $21.10 per share Direct holdings after transaction: 136,979 shares +2 more

5 metrics

Shares withheld for taxes 817 shares Tax withholding on restricted stock vesting, April 3, 2026

Withholding price per share $21.10 per share Value used for 817 withheld shares

Direct holdings after transaction 136,979 shares Common Shares held directly by Bridwell after withholding

Indirect holdings in trust 3,442.98 shares Common Shares held indirectly In Trust after transaction

Tax withholding shares (summary) 817 shares TaxWithholdingShares in transaction summary

Key Terms

tax withholding obligation, restricted stock, In Trust, beneficial ownership

4 terms

tax withholding obligation financial

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

restricted stock financial

"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.

In Trust financial

"nature_of_ownership": "In Trust""

beneficial ownership financial

"indirect holdings "In Trust" represent beneficial ownership through a trust"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

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)
04/03/2026

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	04/03/2026		F		817(1)	D	$21.1	136,979	D
Common Shares								3,442.98	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	04/06/2026
	** 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 817 Rayonier common shares were withheld at $21.10 per share to satisfy tax obligations from vesting restricted stock. This was a tax-withholding transaction, not an open-market sale of shares by the executive.

Was the Rayonier (RYN) Form 4 transaction an insider sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 817 shares were withheld by Rayonier to cover Bridwell’s tax obligation arising from restricted stock vesting, a common administrative mechanism rather than a discretionary decision to sell shares.

How many Rayonier (RYN) shares were withheld for taxes and at what price?

A total of 817 Rayonier common shares were withheld at $21.10 per share. These shares covered Mark R. Bridwell’s tax withholding obligation related to the vesting of restricted stock, as noted explicitly in the Form 4 footnote disclosure.

How many Rayonier (RYN) shares does Mark R. Bridwell hold after this Form 4?

Following the tax-withholding transaction, Bridwell directly holds 136,979 Rayonier common shares. He also indirectly holds 3,442.98 shares in trust, reflecting both his personal and trust-related ownership positions after the reported administrative adjustment.

What does the ‘In Trust’ indirect ownership on Rayonier (RYN) Form 4 mean?

The Form 4 shows 3,442.98 Rayonier common shares held indirectly “In Trust.” This indicates the shares are owned through a trust arrangement associated with Bridwell, separate from his directly held 136,979 shares, and are disclosed as indirect beneficial ownership.