Rayonier (RYN) director receives 6,811 restricted shares as board pay

Rhea-AI Filing Summary

Gonsalves Gregg A reported acquisition or exercise transactions in this Form 4 filing.

RAYONIER INC director Gregg A. Gonsalves reported an equity award of 6,811 common shares. The shares were granted as restricted stock compensation for serving on the Board, at a grant value of $19.82 per share. Following this award, his direct holdings total 22,680.93 common shares.

The restricted stock vests immediately, but transfers are limited until the earlier of four years from grant or six months after he ceases to serve on the Board.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gonsalves Gregg A

Role null

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

Holdings After Transaction: Common Shares — 22,680.93 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted shares granted: 6,811 shares Grant value per share: $19.82 per share Total shares after grant: 22,680.93 shares +1 more

4 metrics

Restricted shares granted 6,811 shares Equity compensation grant to director Gregg A. Gonsalves

Grant value per share $19.82 per share Reported value of restricted stock award

Total shares after grant 22,680.93 shares Direct Rayonier holdings following the reported transaction

Transaction code A Grant, award, or other acquisition of non-derivative common shares

Key Terms

Restricted stock, Board of Directors, Grant, award, or other acquisition, transfer restrictions

4 terms

Restricted stock financial

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

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

"compensation for 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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition"

transfer restrictions financial

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

Transfer restrictions are legal or contractual limits that prevent or delay selling, gifting, or otherwise moving ownership of a security. Think of them like a temporary lock on a share that can be imposed by law, a contract, or a registrar: they matter to investors because they reduce liquidity, can delay when holders can realize cash, and often affect a security’s market value and attractiveness to buyers.

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^*

Gonsalves Gregg A

(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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	05/15/2026		A		6,811(1)	A	$19.82	22,680.93	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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)

FAQ

What insider transaction did Gregg A. Gonsalves report for Rayonier (RYN)?

Gregg A. Gonsalves reported receiving 6,811 restricted common shares of Rayonier as compensation for Board service. The award is classified as a grant or other acquisition, not an open-market purchase, and increases his directly held position in the company’s stock.

At what value were the restricted Rayonier (RYN) shares granted to Gregg A. Gonsalves?

The 6,811 restricted common shares granted to Gregg A. Gonsalves carried a grant value of $19.82 per share. This value is used for reporting compensation and does not necessarily represent a price he paid or an open-market transaction in Rayonier stock.

How many Rayonier (RYN) shares does Gregg A. Gonsalves hold after this Form 4 transaction?

After receiving the 6,811 restricted shares, Gregg A. Gonsalves directly owns a total of 22,680.93 Rayonier common shares. This figure reflects his position immediately following the reported equity award and helps show the scale of the grant relative to his holdings.

What are the vesting and transfer conditions on Gregg A. Gonsalves’s restricted Rayonier (RYN) stock?

The restricted stock vests immediately but remains subject to transfer restrictions. Transfers are limited until the earlier of four years from the grant date or six months after Gregg A. Gonsalves stops serving on Rayonier’s Board, aligning the award with continued board service.

Is Gregg A. Gonsalves’s Rayonier (RYN) Form 4 transaction a market purchase or sale?

The Form 4 reports a grant or award acquisition, not a market trade. Gregg A. Gonsalves received restricted shares as compensation for Board service, classified under transaction code “A,” rather than buying or selling Rayonier shares in the open market.