Were Christopher Corr’s Rayonier (RYN) transactions open-market sales or tax-related?

The reported transactions were tax-related, not open-market sales. All four dispositions are coded as tax-withholding events, with shares delivered to satisfy tax liabilities arising from the vesting of restricted stock awards, according to the filing’s footnote.

What does the Form 4 footnote say about Rayonier (RYN) executive share dispositions?

The Form 4 footnote explains that the shares were withheld to cover the tax withholding obligation due to the vesting of restricted stock. This clarifies that the dispositions are administrative tax events rather than discretionary trading in Rayonier shares.

Rayonier (RYN) SVP Corr reports 3,744-share tax withholding after restricted stock vests

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Rayonier Inc. senior executive Christopher T. Corr reported routine share dispositions tied to tax obligations. On April 1, 2026, a total of 3,744 Common Shares of RYN were withheld at $20.86 per share to cover taxes due on the vesting of restricted stock. Following these tax-withholding transactions, he holds 86,700 Common Shares directly and 646.11 Common Shares indirectly in trust.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider CORR CHRISTOPHER T

Role SVP, Real Estate Development

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	353	$20.86	$7K
Tax Withholding	Common Shares	2,137	$20.86	$45K
Tax Withholding	Common Shares	569	$20.86	$12K
Tax Withholding	Common Shares	685	$20.86	$14K
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 90,091 shares (Direct); Common Shares — 646.11 shares (Indirect, In Trust)

Footnotes (1)

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Key Figures

Tax-withholding shares: 3,744 shares Tax-withholding price: $20.86 per share Direct holdings after transaction: 86,700 shares +2 more

5 metrics

Tax-withholding shares 3,744 shares Common Shares disposed on April 1, 2026 for tax withholding

Tax-withholding price $20.86 per share Price applied to Common Shares withheld for taxes

Direct holdings after transaction 86,700 shares Common Shares directly owned after April 1, 2026 dispositions

Indirect trust holdings 646.11 shares Common Shares held indirectly in trust as a holding entry

Individual tax-withholding entries 353, 2,137, 569, 685 shares Four separate Common Share tax-withholding dispositions on April 1, 2026

Key Terms

tax-withholding disposition, restricted stock, Common Shares, indirect ownership, +1 more

5 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

"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.

indirect ownership financial

""ownership_type": "indirect""

In Trust financial

""nature_of_ownership": "In Trust""

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 06:48 AM

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^*

CORR CHRISTOPHER T

(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, Real Estate Development

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)
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	04/01/2026		F		353⁽¹⁾	D	$20.86	90,091	D
Common Shares	04/01/2026		F		2,137⁽¹⁾	D	$20.86	87,954	D
Common Shares	04/01/2026		F		569⁽¹⁾	D	$20.86	87,385	D
Common Shares	04/01/2026		F		685⁽¹⁾	D	$20.86	86,700	D
Common Shares								646.11	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)
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. 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Rayonier (RYN) disclose for Christopher T. Corr?

Rayonier reported that SVP Real Estate Development Christopher T. Corr had company shares withheld for taxes. On April 1, 2026, 3,744 Common Shares were disposed of to satisfy tax obligations related to the vesting of restricted stock awards.

How many Rayonier (RYN) shares were withheld for Christopher Corr’s tax obligations?

A total of 3,744 Rayonier Common Shares were withheld to cover tax obligations. These dispositions occurred through multiple Form 4 line items, each priced at $20.86 per share, and are categorized as tax-withholding dispositions rather than open-market sales.

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

The shares used for tax withholding were valued at $20.86 per share. Each tax-withholding disposition on April 1, 2026, used this same price per share for the Common Shares associated with the vesting of restricted stock.

How many Rayonier (RYN) shares does Christopher Corr hold after these transactions?

After the tax-withholding dispositions, Christopher Corr holds 86,700 Rayonier Common Shares directly. He also has an additional 646.11 Common Shares held indirectly in trust, as reflected in the holding entry on the Form 4 filing.