Weyerhaeuser (WY) director Albert Monaco takes equity awards in lieu of cash
Rhea-AI Filing Summary
Weyerhaeuser director Albert Monaco reported two stock-based compensation grants of common shares. On May 15, 2026, he acquired shares under two Form 4 transactions coded as awards, not open‑market trades. One grant was made under a restricted stock unit award that represents the equity portion of an annual retainer fee of $180,000.00, calculated using an average share price of $22.98. These units vest 100% on the earlier of one year after grant or just before the next regular shareholder meeting. A second grant provided additional shares in lieu of his annual cash retainer at his election, also based on the same $22.98 average price after tax withholding. The filing shows routine director compensation in stock rather than cash, with no reported open‑market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common | 7,832 | $0.00 | -- |
| Grant/Award | Common | 3,781 | $22.98 | $87K |
Footnotes (1)
- These shares were granted pursuant to a restricted stock unit award that vests 100% upon the earlier of the one-year anniversary of the grant date or the day prior to the company's next regular meeting of shareholders following the grant date. These shares (rounded down to the nearest whole share) represent the equity portion of the annual retainer fee in the amount of $180,000.00, with the number of restricted stock 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 units accrue as and when dividends are paid on the Issuer's common stock. These shares were granted in lieu of the Reporting Person's annual cash retainer at the Reporting Person's election. The number of shares (rounded down to the nearest whole share) was determined by dividing an amount equal to the portion of the cash retainer specified by the Reporting Person, less applicable tax withholding, 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 grant.