Rayonier Inc. Elects New Directors

TL;DR

Rayonier adds two directors, Johnson & Roffler, to its board.

AI Summary

Rayonier Inc. announced on March 8, 2024, the election of David L. Johnson and Michael J. Roffler as Class II directors, effective immediately. Their terms will expire at the 2027 annual meeting of stockholders. This filing also details compensatory arrangements for certain officers.

Why It Matters

The election of new directors can signal shifts in company strategy or governance, impacting future business decisions and shareholder value.

Risk Assessment

Risk Level: low — This filing primarily concerns routine board appointments and does not indicate significant financial or operational changes.

Key Players & Entities

• Rayonier Inc. (company) — Filer
• David L. Johnson (person) — Elected Class II Director
• Michael J. Roffler (person) — Elected Class II Director
• 2027 (date) — Expiration of director terms

FAQ

Filing Documents

• ryn-20240308.htm (8-K) — 35KB
• ryn-20240308_g1.jpg (GRAPHIC) — 15KB
• 0000052827-24-000022.txt ( ) — 251KB
• ryn-20240308.xsd (EX-101.SCH) — 3KB
• ryn-20240308_def.xml (EX-101.DEF) — 11KB
• ryn-20240308_lab.xml (EX-101.LAB) — 28KB
• ryn-20240308_pre.xml (EX-101.PRE) — 23KB
• ryn-20240308_htm.xml (XML) — 4KB

From the Filing

ryn-20240308 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) March 8, 2024 COMMISSION FILE NUMBER 1-6780 (Rayonier Inc.) COMMISSION FILE NUMBER: 333-237246 (Rayonier, L.P.) RAYONIER INC . Incorporated in the State of North Carolina I.R.S. Employer Identification Number 13-2607329 RAYONIER, L.P. Incorporated in the State of Delaware I.R.S. Employer Identification Number 91-1313292 1 Rayonier Way Wildlight , Florida 32097 (Principal Executive Office) Telephone Number: ( 904 ) 357-9100 Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Title of each class Trading Symbol Exchange Common Shares, no par value, of Rayonier Inc. RYN New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Rayonier Inc.: Emerging growth company Rayonier, L.P.: Emerging growth company Table of Contents If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Rayonier Inc.: Rayonier, L.P.: Table of Contents TABLE OF CONTENTS PAGE Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers 1 Signature 2 ITEM 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers As previously disclosed on October 30, 2023, in connection with David L. Nunes' announcement of his retirement as a member of the Board of Directors (the "Board") of Rayonier Inc. (the "Company"), effective March 31, 2024, the Board announced its intention to appoint Mark D. McHugh as a member of the Board on April 1, 2024 (the "Transition Date"). On March 8, 2024, the Board elected Mr. McHugh as a director of the Board to be effective on the Transition Date. Mr. McHugh is not a party to any transaction described in Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries. 1 Table of Contents SIGNATURE Pursuant to the requirements of the Securities Exchange Act of l934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. RAYONIER INC. BY: /s/ MARK R. BRIDWELL Mark R. Bridwell Senior Vice President, General Counsel and Corporate Secretary RAYONIER, L.P. By: RAYONIER INC., its sole general partner BY: /s/ MARK R. BRIDWELL Mark R. Bridwell Senior Vice President, General Counsel and Corporate Secretary March 8, 2024 2

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View this 8-K filing on SEC EDGAR