Weyerhaeuser (WY) director reports RSU-related tax share withholding
Rhea-AI Filing Summary
Weyerhaeuser director Richard Beckwitt reported a small tax-related share disposition tied to a restricted stock unit vesting. On the transaction date, 60.55 common shares were withheld at $23.53 per share to cover taxes. After this non-market transaction, he directly holds 24,042 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 60.55 shares
Net Sell
1 txn
Insider
BECKWITT RICHARD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common | 60.55 | $23.53 | $1K |
Holdings After Transaction:
Common — 24,042 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: 60.55 shares
Tax valuation price: $23.53 per share
Shares held after transaction: 24,042 shares
3 metrics
Shares withheld for taxes
60.55 shares
Tax-withholding disposition for RSU vesting
Tax valuation price
$23.53 per share
Value used for withheld Weyerhaeuser common shares
Shares held after transaction
24,042 shares
Direct Weyerhaeuser common stock holdings post-transaction
Key Terms
restricted stock unit, tax-withholding disposition, dividend reinvestment transactions, Section 16 of the Securities Exchange Act of 1934
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""
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 transactions financial
"include shares acquired since the Reporting Person's last filing on Form 4 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Weyerhaeuser (WY) director Richard Beckwitt report?
Richard Beckwitt reported a tax-withholding disposition related to a restricted stock unit vesting. The company withheld a small number of shares instead of cash to cover associated tax obligations, rather than executing an open-market sale.
Was Richard Beckwitt’s Weyerhaeuser (WY) Form 4 transaction an open-market sale?
No. The Form 4 describes the move as a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to satisfy tax liabilities from a restricted stock unit vesting, a routine compensation-related event.
What do the footnotes in Richard Beckwitt’s Weyerhaeuser (WY) Form 4 explain?
The footnotes explain that shares were withheld for taxes on a restricted stock unit vesting and that reported holdings include shares from dividend reinvestment transactions, plus a cash payment in lieu of fractional shares upon the vesting.