Weyerhaeuser (NYSE: WY) director granted 7,832 deferred share units
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Weyerhaeuser Company director Nicole Weyerhaeuser Piasecki reported receiving 7,832 share equivalents as a compensation award. These stock equivalents were acquired under the company’s Fee Deferral Plan for Directors, by deferring 7,832 restricted stock units that represent the equity portion of an annual retainer fee of $180,000.
The number of units was calculated using a price of $22.98, the average of the $23.40 high and $22.56 low trading prices on the grant date. Additional stock equivalents will accrue when dividends are paid, and all stock equivalents are settled in common shares after her board service ends. Following this award and prior dividend-related accruals, her reported holdings total 93,391.357 stock equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PIASECKI NICOLE WEYERHAEUSER
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share equivalents | 7,832 | $0.00 | -- |
Holdings After Transaction:
Share equivalents — 93,391.357 shares (Direct, null)
Footnotes (1)
- The stock equivalents reported herein were acquired pursuant to the Issuer's Fee Deferral Plan for Directors. The Reporting Person elected to defer receipt of 7,832 restricted stock units into an equal number of stock equivalents. The restricted stock units (rounded down to the nearest whole unit) represent the equity portion of the annual retainer fee in the amount of $180,000, with the number of units determined by dividing the dollar amount of the fee by $22.98, the average of the high ($23.40) and low ($22.56) price of the Issuer's common stock on the date of the grant. Additional stock equivalents accrue as and when dividends are paid on the Issuer's common stock. Stock equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director. Reported holdings include stock equivalents acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended.
Key Figures
Share equivalents granted: 7,832 share equivalents
Total stock equivalents held: 93,391.357 stock equivalents
Annual equity retainer: $180,000
+3 more
6 metrics
Share equivalents granted
7,832 share equivalents
Director equity retainer grant under Fee Deferral Plan
Total stock equivalents held
93,391.357 stock equivalents
Holdings after reported transaction
Annual equity retainer
$180,000
Equity portion of director annual retainer fee
Grant calculation price
$22.98 per share
Average of high and low price on grant date
High price on grant date
$23.40 per share
Used in average price calculation
Low price on grant date
$22.56 per share
Used in average price calculation
Key Terms
Fee Deferral Plan for Directors, restricted stock units, stock equivalents, dividend reinvestment transactions, +1 more
5 terms
Fee Deferral Plan for Directors financial
"The stock equivalents reported herein were acquired pursuant to the Issuer's Fee Deferral Plan for Directors."
restricted stock units financial
"The Reporting Person elected to defer receipt of 7,832 restricted stock units into an equal number of stock equivalents."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock equivalents financial
"Stock equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director."
dividend reinvestment transactions financial
"Reported holdings include stock equivalents acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16..."
Section 16 of the Securities Exchange Act of 1934 regulatory
"dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended."
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
FAQ
What insider transaction did Weyerhaeuser (WY) disclose for Nicole Weyerhaeuser Piasecki?
Weyerhaeuser disclosed that director Nicole Weyerhaeuser Piasecki acquired 7,832 share equivalents. These reflect deferred restricted stock units granted as the equity portion of her $180,000 annual director retainer under the company’s Fee Deferral Plan for Directors.
What are stock equivalents in Weyerhaeuser’s (WY) director Fee Deferral Plan?
Stock equivalents are bookkeeping units tied to Weyerhaeuser common stock. Directors can defer restricted stock units into stock equivalents, which accumulate additional equivalents when dividends are paid and are ultimately settled in an equal number of common shares at the end of board service.
What are Nicole Weyerhaeuser Piasecki’s total reported holdings after this Form 4/A?
After the reported award, Nicole Weyerhaeuser Piasecki’s holdings total 93,391.357 stock equivalents. This amount includes the 7,832 equivalents from the current equity retainer grant plus prior equivalents accumulated, including those from dividend reinvestment transactions.
Does the Weyerhaeuser (WY) Form 4/A involve open-market buying or selling?
No. The Form 4/A reflects a compensation-related grant and deferral, not an open-market trade. The 7,832 share equivalents were awarded as the equity portion of a director retainer and deferred into stock equivalents under the Fee Deferral Plan for Directors.
When will Weyerhaeuser (WY) stock equivalents be paid to the reporting director?
The stock equivalents will be paid in Weyerhaeuser common shares when the director’s board service ends. Until then, additional stock equivalents accrue whenever the company pays dividends, mirroring the dividend reinvestment effect for these deferred units.