Rayonier (NYSE: RYN) SVP reports tax-withholding of restricted shares

Rhea-AI Filing Summary

RAYONIER INC senior vice president and chief accounting officer April J. Tice reported a tax-related share disposition tied to restricted stock vesting. On the transaction date, 372 Common Shares were withheld at $21.10 per share to cover tax obligations.

After this withholding, Tice directly held 79,552.54 Common Shares. An additional 568.65 Common Shares were held indirectly in trust.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Tice April J.

Role SVP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	372	$21.10	$8K
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 79,552.54 shares (Direct); Common Shares — 568.65 shares (Indirect, In Trust)

Footnotes (1)

1. [object Object]

Key Figures

Tax-withheld shares: 372 Common Shares Tax-withholding price: $21.10 per share Direct holdings after transaction: 79,552.54 Common Shares +1 more

4 metrics

Tax-withheld shares 372 Common Shares Withheld to cover tax obligation on restricted stock vesting

Tax-withholding price $21.10 per share Value used for 372 withheld Common Shares

Direct holdings after transaction 79,552.54 Common Shares Shares directly owned by April J. Tice following tax withholding

Indirect holdings in trust 568.65 Common Shares Shares held indirectly in trust after reported transaction

Key Terms

tax withholding obligation, restricted stock, In Trust, Common Shares

4 terms

tax withholding obligation financial

"Shares withheld to cover the tax withholding obligation due to the vesting"

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""

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 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^*

Tice April J.

(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 & Chief Accounting Officer

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		372(1)	D	$21.1	79,552.54	D
Common Shares								568.65	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 insider transaction did April J. Tice report for Rayonier (RYN)?

April J. Tice reported a tax-related disposition of Rayonier shares. 372 Common Shares were withheld at $21.10 per share to satisfy tax obligations arising from the vesting of restricted stock, rather than being sold on the open market.

Was the Rayonier (RYN) insider transaction an open-market sale?

No, the filing describes a tax-withholding disposition, not an open-market sale. Shares were withheld to cover tax obligations triggered by restricted stock vesting, consistent with the Form 4 code F and accompanying footnote language.

How many Rayonier (RYN) shares does April J. Tice hold after the transaction?

Following the tax withholding, April J. Tice directly held 79,552.54 Common Shares. The filing also shows an additional 568.65 Common Shares held indirectly in trust, reflecting her remaining reported equity position in Rayonier.

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

Code F in the Form 4 indicates payment of a tax liability by delivering securities. In this case, 372 Rayonier Common Shares were withheld at $21.10 per share to cover taxes due on the vesting of restricted stock.

How is the indirect Rayonier (RYN) ownership by April J. Tice described?

The Form 4 shows 568.65 Common Shares held indirectly "In Trust." This indicates a trust structure holds those shares, separate from the 79,552.54 Common Shares reported as directly owned by April J. Tice after the tax-withholding transaction.