Weyerhaeuser (WY) director withholds shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weyerhaeuser director Mark A. Emmert reported a small, routine tax-withholding transaction related to equity compensation. On this Form 4, 106.34 shares of common stock were withheld at $23.53 per share to cover taxes from a restricted stock unit vesting, leaving him with 58,582 shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Emmert Mark A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 106.34 | $23.53 | $3K |
Holdings After Transaction:
Common — 58,582 shares (Direct, null)
Footnotes (1)
- These shares are being withheld to cover taxes for a restricted stock unit vesting. Reported holdings include shares 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, and reflect a cash payment in lieu of fractional shares upon the restricted stock unit vesting.
Key Figures
Shares withheld for taxes: 106.34 shares
Tax withholding price: $23.53 per share
Shares owned after transaction: 58,582 shares
+1 more
4 metrics
Shares withheld for taxes
106.34 shares
Tax withholding on restricted stock unit vesting
Tax withholding price
$23.53 per share
Value used for RSU tax-withholding transaction
Shares owned after transaction
58,582 shares
Direct Weyerhaeuser common stock holdings after Form 4 event
Tax-withholding share count
106.34 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
restricted stock unit, dividend reinvestment transactions, tax-withholding disposition, Section 16
4 terms
restricted stock unit financial
"These shares are being withheld to cover taxes for a restricted stock unit vesting."
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.
dividend reinvestment transactions financial
"include shares acquired ... from dividend reinvestment transactions exempt from Section 16"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Section 16 regulatory
"transactions exempt from Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What did Weyerhaeuser (WY) director Mark A. Emmert report on this Form 4?
Mark A. Emmert reported a small tax-related share disposition. 106.34 Weyerhaeuser common shares were withheld to cover taxes from a restricted stock unit vesting, a routine administrative event tied to equity compensation rather than an open-market stock sale.
Was this Weyerhaeuser (WY) Form 4 transaction an open-market sale by the director?
No, the transaction was not an open-market sale. The Form 4 identifies the code as “F,” and the footnotes explain the shares were withheld solely to cover taxes for a restricted stock unit vesting, a standard equity compensation process.