Denise M. Merle - Dec 28, 2023 Form 4 Insider Report for WEYERHAEUSER CO (WY)

Signature
/s/ Jose J. Quintana, Attorney-in-fact
Stock symbol
WY
Transactions as of
Dec 28, 2023
Transactions value $
-$262,542
Form type
4
Date filed
12/29/2023, 07:36 PM
Previous filing
Sep 14, 2023
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WY Common Sale -$263K -7.5K -5.06% $35.01 141K Dec 28, 2023 Direct F1, F2, F3
* 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 7,500 shares occurred automatically pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on June 14, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $35.00 to $35.02. The price reported herein reflects the weighted average sale price of all the trades. The Reporting Person hereby undertakes to provide upon request to the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 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.