Equity awards taxed for Weyerhaeuser (NYSE: WY) senior VP shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weyerhaeuser senior vice president Kristy T. Harlan reported two tax-related share dispositions tied to equity award vesting. A total of 9,590 common shares and 8,455 common shares were withheld at $24.53 per share to cover taxes on restricted stock unit and performance share unit vestings. After these transactions, Harlan directly holds 236,675.7405 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Harlan Kristy T.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 9,590 | $24.53 | $235K |
| Tax Withholding | Common | 8,455 | $24.53 | $207K |
Holdings After Transaction:
Common — 245,130.741 shares (Direct)
Footnotes (1)
- These shares are being withheld to cover taxes for restricted stock unit vestings. The number of shares reflects the settlement of fractional shares in cash upon full vesting of the 2022 restricted stock unit award. These shares are being withheld to cover taxes for a performance share unit vesting. The number of shares reflects the settlement of fractional shares in cash upon full vesting of the 2023 performance stock unit award.
FAQ
What insider transaction did Weyerhaeuser (WY) report for Kristy T. Harlan?
Kristy T. Harlan reported two tax-withholding dispositions of Weyerhaeuser common shares. In total, 9,590 and 8,455 shares were withheld to satisfy taxes on vesting equity awards rather than sold in open-market transactions.
Do Kristy T. Harlan’s Weyerhaeuser Form 4 transactions represent open-market sales?
No, the transactions are coded “F” and described as tax-withholding dispositions. Footnotes explain the shares were withheld to pay taxes on restricted stock and performance share unit vestings, rather than discretionary open-market sales.