Weyerhaeuser (WY) director receives 7,832-share RSU grant as $180K retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weyerhaeuser director Nicole Weyerhaeuser Piasecki received a grant of 7,832 shares of common stock as a restricted stock unit award. The grant represents the equity portion of a $180,000.00 annual retainer fee, calculated using a share price of $22.98, the average of the high and low trading prices on the grant date. The award vests 100% on the earlier of the one-year anniversary of the grant or the day before the company’s next regular shareholder meeting. Following this compensation-related acquisition, she holds 20,672 common shares directly and 784 shares indirectly through her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
PIASECKI NICOLE WEYERHAEUSER
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 7,832 | $0.00 | -- |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 20,672 shares (Direct, null);
Common — 784 shares (Indirect, SHARES HELD BY MY SPOUSE)
Footnotes (1)
- [object Object]
Key Figures
RSU shares granted: 7,832 shares
Direct holdings after grant: 20,672 shares
Indirect holdings via spouse: 784 shares
+4 more
7 metrics
RSU shares granted
7,832 shares
Restricted stock unit award to director on grant date
Direct holdings after grant
20,672 shares
Total Weyerhaeuser common shares held directly after transaction
Indirect holdings via spouse
784 shares
Common shares reported as indirectly owned through spouse
Equity retainer amount
$180,000.00
Equity portion of annual director retainer fee
Reference share price
$22.98 per share
Average of high and low WY prices used to size RSU grant
High price on grant date
$23.40
High trading price of Weyerhaeuser common stock used in average
Low price on grant date
$22.56
Low trading price of Weyerhaeuser common stock used in average
Key Terms
restricted stock unit, annual retainer fee, indirect, non-derivative
4 terms
restricted stock unit financial
"These shares were granted pursuant to a restricted stock unit award that vests 100%"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
annual retainer fee financial
"represent the equity portion of the annual retainer fee in the amount of $180,000.00"
indirect financial
"total_shares_following_transaction 784.0000, direct_or_indirect I, nature_of_ownership SHARES HELD BY MY SPOUSE"
non-derivative financial
"transaction_type non-derivative for the 7,832.0000 common shares granted"
FAQ
What did Nicole Weyerhaeuser Piasecki report in this WY Form 4 filing?
She reported receiving 7,832 Weyerhaeuser common shares as a restricted stock unit grant. This award is part of her director compensation and increases her direct holdings to 20,672 shares, plus 784 shares held indirectly through her spouse.
How was Nicole Weyerhaeuser Piasecki’s Weyerhaeuser (WY) equity grant calculated?
The grant represents an equity retainer of $180,000.00 divided by $22.98 per share. The $22.98 figure is the average of the high price of $23.40 and low price of $22.56 for Weyerhaeuser stock on the grant date.
When do Nicole Weyerhaeuser Piasecki’s newly granted WY restricted stock units vest?
The restricted stock unit award vests 100% on the earlier of two dates. It will vest either one year after the grant date or the day before Weyerhaeuser’s next regular meeting of shareholders, whichever occurs first based on the company’s schedule.
Is Nicole Weyerhaeuser Piasecki’s WY Form 4 transaction an open-market purchase or a compensation grant?
The transaction is a compensation grant, not an open-market purchase. She received 7,832 restricted stock units at a stated price of $0.00 per share as the equity portion of her $180,000.00 annual director retainer fee.