Norges Bank discloses 5.2352% stake in Rayonier Inc. (RYN)

Rhea-AI Filing Summary

Rayonier Inc. received an amended Schedule 13G/A filing from Norges Bank reporting beneficial ownership of 15,825,934 shares of common stock, equal to 5.2352% of the class as reported. The filing states these shares are held by Norges Bank's investment management division, with certain shares invested on behalf of the Government of Norway.

Insights

Institutional Ownership Analyst

Large passive stake disclosed: 15,825,934 shares (5.2352%).

Norges Bank, acting as an investment adviser, reports sole voting and dispositive power over 15,825,934 shares of Rayonier Inc. The filing notes some shares are invested on behalf of the Government of Norway.

Cash‑flow treatment and planned disposition activity are not stated; future filings would show any changes in voting or disposition. The regulatory comparability statement and certification are included.

Key Figures

Shares beneficially owned: 15,825,934 shares Percent of class: 5.2352% CUSIP: 754907103 +2 more

5 metrics

Shares beneficially owned 15,825,934 shares reported in Schedule 13G/A

Percent of class 5.2352% percent of Rayonier common stock reported

CUSIP 754907103 Rayonier Inc. common stock identifier

Snapshot date 03/31/2026 date shown at top of excerpt

Signature date 05/11/2026 certification signature date on amendment

Key Terms

Schedule 13G/A, Beneficially owned, Sole Dispositive Power

3 terms

Schedule 13G/A regulatory

"Amendment No. 3 ) RAYONIER INC Common Stock"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficially owned financial

"Amount beneficially owned: 15825934"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Dispositive Power regulatory

"Sole power to dispose or to direct the disposition of: 15825934"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

RAYONIER INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

754907103

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 754907103

1

Names of Reporting Persons

Norges Bank

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NORWAY

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 15,825,934.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 15,825,934.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

15,825,934.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.2352 %

12

Type of Reporting Person (See Instructions)

FI, OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: RAYONIER INC
(b)	Address of issuer's principal executive offices: 1 RAYONIER WAY, WILDLIGHT, FL, 32097
Item 2.
(a)	Name of person filing: Norges Bank
(b)	Address or principal business office or, if none, residence: Bankplassen 2, PO Box 1179 Sentrum, Oslo, NO-0107, Oslo, Norway
(c)	Citizenship: Norway
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 754907103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
	Investment Adviser
Item 4.	Ownership
(a)	Amount beneficially owned: 15825934
(b)	Percent of class: 5.2352 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 15825934
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 15825934
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Certain shares reported herein are invested on behalf of the Government of Norway.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. I also certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to the investment management division of Norges Bank, the central bank of Norway, is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Norges Bank

Signature:	Stanislav Boiadjiev
Name/Title:	Business and Regulatory Compliance
Date:	05/11/2026

FAQ

What stake does Norges Bank hold in Rayonier Inc. (RYN)?

Norges Bank reports beneficial ownership of 15,825,934 shares, representing 5.2352% of Rayonier's common stock as stated in the amendment. This reflects sole voting and dispositive power over those shares.

Does the filing say Norges Bank controls the shares or holds them for others?

The filing states Norges Bank has sole voting and sole dispositive power for 15,825,934 shares, and that certain shares are invested on behalf of the Government of Norway, per the Schedule 13G/A text.

What type of SEC filing is this for RYN?

This is an amended Schedule 13G/A (passive investor disclosure) reporting ownership and voting/dispositive powers for Rayonier Inc.'s common stock under CUSIP 754907103.

What date is tied to the ownership reported in the filing?

The filing lists an identifying date at the top of the excerpt as 03/31/2026, and the certification is signed on 05/11/2026, which frames the reported ownership snapshot in the amendment.

Does the Schedule 13G/A disclose any planned sales or purchases by Norges Bank?

No. The amendment reports current beneficial ownership and voting/dispositive powers only; it does not disclose any planned purchases, sales, or intentions to change the position in Rayonier Inc.