V Larkin Martin - 11 Sep 2024 Form 4 Insider Report for RAYONIER INC (RYN)

Role
Director
Signature
/s/ Sarah E. Miles / Attorney-In-Fact
Issuer symbol
RYN
Transactions as of
11 Sep 2024
Net transactions value
-$673,895
Form type
4
Filing time
13 Sep 2024, 07:03:49 UTC
Previous filing
21 May 2024
Next filing
23 Dec 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYN Common Shares Sale $306,036 -10,011 -20% $30.57 40,168 11 Sep 2024 Direct F1
transaction RYN Common Shares Sale $367,859 -11,998 -30% $30.66 28,170 12 Sep 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale of the common shares by the Reporting Person occurred automatically pursuant to a trading plan that is intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c), which trading plan was adopted on June 13, 2024.