| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Breard Linda M. | Director | 1 RAYONIER WAY, WILDLIGHT | /s/ Sarah E. Miles / Attorney-In-Fact | 09 Feb 2026 | 0001510492 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | RYN | Common Shares | 58,960 | 30 Jan 2026 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | In connection with the terms of the Agreement and Plan of Merger, dated October 13, 2025, by and among Rayonier Inc. ("Rayonier"), Potlatchdeltic Corporation ("Potlatch"), and Redwood Merger Sub, LLC, a direct, wholly owned subsidiary of Registrant ("Merger Sub"), Potlatch merged with and into Merger Sub, with Merger Sub surviving as a direct, wholly owned subsidiary of Rayonier (the "Effective Time" and such transaction, the "Merger"). At the Effective Time, each outstanding share of Common Stock was automatically converted into the right to receive (i) 1.8185 Rayonier common shares and (ii) $0.61 in cash, without interest, plus any fractional share consideration. |
| F2 | At the Effective Time, each outstanding Potlatch restricted stock unit and Potlatch stock equivalent unit converted into a Rayonier restricted stock unit (each, a "Rayonier RSU") and Rayonier stock equivalent unit ("Rayonier DSU"), respectively, based on the number of shares of Potlatch common stock subject to such award immediately prior to the Effective Time, accounting for any dividend equivalents, multiplied by 1.8449, rounded to the nearest whole share. Each such Rayonier RSU and Rayonier DSU is subject to the terms of the applicable plan under which such awards were issued in effect immediately prior to the Effective Time (the "Plan"). Pursuant to elections by the Reporting Person pursuant to the Plan, these Rayonier RSUs and Rayonier DSUs are deferred. |
| F3 | During the deferral period, an amount equal to the dividends that would have been paid on Rayonier RSUs and Rayonier DSUs had they been in the form of Rayonier common shares will be converted into additional Rayonier RSUs and Rayonier DSUs, respectively. The additional Rayonier RSUs and Rayonier DSUs will vest and be paid at the same time as the underlying Rayonier common shares and be subject to the Reporting Person's deferral election under the applicable Plan. Includes 46,058 Rayonier RSUs and 12,902 Rayonier DSUs. |
Exhibit List: EX 24 POA (Breard)