Weyerhaeuser (NYSE: WY) director defers $180K fee into stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weyerhaeuser director Sara Grootwassink Lewis received a grant of 7,832 share equivalents on May 15, 2026. These were acquired through the company’s Fee Deferral Plan for Directors, by deferring 7,832 restricted stock units into an equal number of stock equivalents.
The grant represents the equity portion of a $180,000 annual retainer fee, calculated using an average share price of $22.98 based on that day’s high of $23.40 and low of $22.56. Following this transaction and prior dividend reinvestments, Lewis now holds 80,213.77 stock equivalents, which will be paid out in common shares when her board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lewis Sara Grootwassink
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Equivalents | 7,832 | $0.00 | -- |
Holdings After Transaction:
Share Equivalents — 80,213.77 shares (Direct, null)
Footnotes (1)
- The stock equivalents reported herein were acquired pursuant to the Issuer's Fee Deferral Plan for Directors. The Reporting Person elected to defer receipt of 7,832 restricted stock units into an equal number of stock equivalents. The restricted stock units (rounded down to the nearest whole unit) represent the equity portion of the annual retainer fee in the amount of $180,000, with the number of units determined by dividing the dollar amount of the fee by $22.98, the average of the high ($23.40) and low ($22.56) price of the Issuer's common stock on the date of the grant. Additional stock equivalents accrue as and when dividends are paid on the Issuer's common stock. Stock equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director. Reported holdings include stock equivalents 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.
Key Figures
Share equivalents granted: 7,832 share equivalents
Total stock equivalents after grant: 80,213.77 share equivalents
Equity retainer amount: $180,000
+3 more
6 metrics
Share equivalents granted
7,832 share equivalents
Grant/award acquisition on May 15, 2026
Total stock equivalents after grant
80,213.77 share equivalents
Holdings following reported transaction
Equity retainer amount
$180,000
Equity portion of annual director retainer fee
Reference price for units
$22.98 per share
Average of daily high and low on grant date
High price on grant date
$23.40 per share
High trading price used in average calculation
Low price on grant date
$22.56 per share
Low trading price used in average calculation
Key Terms
Fee Deferral Plan for Directors, restricted stock units, stock equivalents, annual retainer fee, +2 more
6 terms
Fee Deferral Plan for Directors financial
"The stock equivalents reported herein were acquired pursuant to the Issuer's Fee Deferral Plan for Directors."
restricted stock units financial
"The Reporting Person elected to defer receipt of 7,832 restricted stock units into an equal number of stock equivalents."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
stock equivalents financial
"Stock equivalents are paid in an equal number of shares of the Issuer's common stock upon the Reporting Person's termination of service as a director."
annual retainer fee financial
"The restricted stock units ... represent the equity portion of the annual retainer fee in the amount of $180,000."
dividend reinvestment transactions financial
"Reported holdings include stock equivalents 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.
FAQ
What insider transaction did Weyerhaeuser (WY) report for Sara Grootwassink Lewis?
Weyerhaeuser reported that director Sara Grootwassink Lewis acquired 7,832 share equivalents. These were received as a grant under the company’s Fee Deferral Plan for Directors, reflecting deferred equity compensation rather than an open-market stock purchase or sale.
What is Weyerhaeuser’s Fee Deferral Plan for Directors mentioned in this Form 4?
Under Weyerhaeuser’s Fee Deferral Plan for Directors, board members can defer equity compensation into stock equivalents. These stock equivalents track common stock value, accrue additional equivalents when dividends are paid, and are ultimately settled in an equal number of common shares at the end of board service.
How many Weyerhaeuser stock equivalents does director Lewis hold after this transaction?
After the 7,832 share equivalent grant, Sara Grootwassink Lewis holds 80,213.77 stock equivalents. This total includes both the new grant and stock equivalents accumulated since her last Form 4 through dividend reinvestment transactions that are exempt from Section 16 reporting requirements.
When will Weyerhaeuser’s stock equivalents be paid out to director Lewis?
The stock equivalents will be paid out to director Sara Grootwassink Lewis when her service as a director ends. At that time, she will receive an equal number of Weyerhaeuser common shares corresponding to the accumulated stock equivalents recorded under the Fee Deferral Plan for Directors.
Do the Weyerhaeuser stock equivalents for Lewis earn dividends before payout?
Yes. Additional Weyerhaeuser stock equivalents accrue as dividends are paid on the company’s common stock. These dividend-based increments are reinvested automatically, increasing the director’s total stock equivalent balance until it is eventually settled in common shares.