Tax withholding adjusts Weyerhaeuser (NYSE: WY) director Albert Monaco’s stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Weyerhaeuser director Albert Monaco reported a routine tax-related share transaction. On the vesting of a restricted stock unit award, 2,385.72 common shares were withheld to cover taxes at $23.53 per share, rather than being sold on the open market.
After this tax-withholding disposition, Monaco directly holds 73,526 common shares. The reported holdings also include shares acquired through dividend reinvestment transactions and reflect a cash payment made instead of issuing fractional shares upon the restricted stock unit vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Monaco Albert
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common | 2,385.72 | $23.53 | $56K |
Holdings After Transaction:
Common — 73,526 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: 2,385.72 shares
Withholding price per share: $23.53 per share
Shares after transaction: 73,526 shares
+2 more
5 metrics
Shares withheld for taxes
2,385.72 shares
Tax withholding on restricted stock unit vesting
Withholding price per share
$23.53 per share
Value used for tax-withholding disposition
Shares after transaction
73,526 shares
Common shares directly held following tax withholding
Tax-withholding transactions
1 transaction
Single F-code disposition in this Form 4
Tax-withholding share total
2,385.72 shares
Total shares categorized as tax withholding in summary
Key Terms
restricted stock unit, dividend reinvestment transactions, Section 16, 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 since the Reporting Person's last filing on Form 4 from dividend reinvestment transactions exempt from Section 16..."
Section 16 regulatory
"dividend reinvestment transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended"
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.
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.
FAQ
What did Weyerhaeuser (WY) director Albert Monaco report in this Form 4?
Albert Monaco reported a tax-withholding share disposition. Weyerhaeuser withheld 2,385.72 common shares at $23.53 per share to cover taxes due on a restricted stock unit vesting, a routine non-market transaction reflected in his updated share holdings.
Was Albert Monaco’s Weyerhaeuser (WY) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The filing classifies it as a tax-withholding disposition, where 2,385.72 shares were retained by the company to satisfy taxes on a restricted stock unit vesting instead of being sold to outside investors.
What role did restricted stock units play in this Weyerhaeuser (WY) Form 4?
The transaction stems from a restricted stock unit vesting. When the RSUs vested, Weyerhaeuser withheld 2,385.72 shares to cover associated taxes, and the holdings also reflect a cash payment in lieu of any fractional share from that RSU vesting event.