Weyerhaeuser (WY) CFO Wold reports 1,062-share tax withholding on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weyerhaeuser Senior Vice President & CFO David M. Wold reported a routine tax-related share disposition. On the transaction date, 1,062 shares of common stock were withheld at $22.68 per share to cover taxes for a restricted stock unit vesting. Following this withholding, Wold directly holds about 164,829.5925 common shares, and the filing notes his holdings also reflect dividend reinvestment activity and cash settlement of fractional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wold David M
Role
Senior Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 1,062 | $22.68 | $24K |
Holdings After Transaction:
Common — 164,829.593 shares (Direct, null)
Footnotes (1)
- These shares (rounded up to the nearest whole share) 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 also reflect the settlement of fractional shares in cash.
Key Figures
Shares withheld for taxes: 1,062 shares
Withholding price per share: $22.68 per share
Shares held after transaction: 164,829.5925 shares
+1 more
4 metrics
Shares withheld for taxes
1,062 shares
Tax-withholding disposition on restricted stock unit vesting
Withholding price per share
$22.68 per share
Value used for tax-withholding shares
Shares held after transaction
164,829.5925 shares
Direct holdings after tax-withholding disposition
Tax-withholding shares (summary)
1,062 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted stock unit, dividend reinvestment transactions, Section 16 of the Securities Exchange Act of 1934, tax-withholding disposition
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
"Reported holdings include shares acquired ... 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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for the F code transaction in common stock."
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.
FAQ
What insider transaction did Weyerhaeuser (WY) CFO David Wold report?
David M. Wold reported a routine tax-withholding disposition. The company withheld 1,062 common shares to cover taxes due on a restricted stock unit vesting, rather than Wold selling shares on the open market.
Was David Wold’s Weyerhaeuser (WY) transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to cover taxes triggered by a restricted stock unit vesting, a common administrative event for equity compensation.
What do the footnotes in David Wold’s Weyerhaeuser (WY) Form 4 explain?
Footnotes explain that shares were rounded up and withheld to cover taxes on a restricted stock unit vesting. They also note his reported holdings include dividend reinvestment shares and cash settlement of fractional shares since his last Form 4.