Tax withholding trims Weyerhaeuser (NYSE: WY) director Kim Williams’s stake
Rhea-AI Filing Summary
Weyerhaeuser director Kim Williams reported a small, routine tax-related share disposition. On this Form 4, 106.34 common shares were withheld at $23.53 per share to cover taxes owed on a restricted stock unit vesting, rather than sold in the open market. After this withholding, Williams directly holds 53,713 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 106.34 shares
Net Sell
1 txn
Insider
Williams Kim
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common | 106.34 | $23.53 | $3K |
Holdings After Transaction:
Common — 53,713 shares (Direct)
Footnotes (2)
- F1. These shares are being withheld to cover taxes for a restricted stock unit vesting.
- F2. 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
Withholding price per share: $23.53 per share
Shares held after transaction: 53,713 shares
+1 more
4 metrics
Shares withheld for taxes
106.34 shares
Tax withholding on restricted stock unit vesting
Withholding price per share
$23.53 per share
Value used for tax-withholding disposition
Shares held after transaction
53,713 shares
Direct Weyerhaeuser common stock ownership post-transaction
Tax-withholding transactions in filing
1 transaction, 106.34 shares
Aggregate tax-withholding activity in this Form 4
Key Terms
restricted stock unit, tax-withholding disposition, dividend reinvestment, 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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for payment of tax liability by delivering securities"
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.
dividend reinvestment financial
"include shares acquired since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Section 16 regulatory
"dividend reinvestment 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Weyerhaeuser (WY) director Kim Williams report?
Kim Williams reported a tax-withholding disposition of Weyerhaeuser common stock. Exactly 106.34 shares were withheld to cover taxes due on a restricted stock unit vesting, rather than sold on the open market, reflecting a routine compensation-related event.
What do the footnotes in Kim Williams’s Weyerhaeuser (WY) Form 4 explain?
The footnotes state that shares were withheld for taxes linked to a restricted stock unit vesting. They also note that reported holdings include shares from dividend reinvestment transactions and a cash payment in lieu of fractional shares created by the vesting.
How are dividend reinvestment transactions reflected in this Weyerhaeuser (WY) Form 4?
The Form 4 clarifies that reported holdings include shares acquired since the last filing through dividend reinvestment. These transactions are exempt from Section 16 reporting, but their cumulative effect is included in the updated share balance disclosed.