Weyerhaeuser 8-K: Officer Compensation Arrangements Updated
Ticker: WY · Form: 8-K · Filed: Jan 24, 2024 · CIK: 106535
| Field | Detail |
|---|---|
| Company | Weyerhaeuser Co (WY) |
| Form Type | 8-K |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.25 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: compensatory-arrangements, executive-compensation, corporate-governance
TL;DR
**Weyerhaeuser filed an 8-K on Jan 24, 2024, detailing changes to officer compensation arrangements.**
AI Summary
Weyerhaeuser Co. filed an 8-K on January 24, 2024, reporting events from January 18, 2024, concerning changes in compensatory arrangements for certain officers. This filing indicates potential adjustments to executive compensation, which could impact the company's operational costs and, consequently, its profitability. Investors should monitor these changes as they may affect the company's financial performance and the perceived value of their stock.
Why It Matters
Changes in executive compensation can influence a company's financial health and its ability to attract and retain top talent, directly impacting shareholder value.
Risk Assessment
Risk Level: low — This filing is routine for reporting changes in officer compensation and does not inherently signal significant financial distress or opportunity.
Analyst Insight
Investors should monitor future filings for details on the specific changes to compensatory arrangements, as these could impact the company's financial outlook and executive incentives.
Key Numbers
- $1.25 — Par value per share (Par value of Weyerhaeuser's Common Stock)
Key Players & Entities
- WEYERHAEUSER CO (company) — the registrant filing the 8-K
- January 18, 2024 (date) — date of the earliest event reported in the 8-K
- January 24, 2024 (date) — date the 8-K was filed
- $1.25 (dollar_amount) — par value per share of Common Stock
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 18, 2024, as stated under 'Date of Report (Date of earliest event reported): January 18, 2024'.
What specific items were reported in this 8-K filing by Weyerhaeuser Co.?
The 8-K reported 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
What is the trading symbol and exchange for Weyerhaeuser Co.'s Common Stock?
Weyerhaeuser Co.'s Common Stock trades under the symbol 'WY' on the New York Stock Exchange, as indicated in the 'Securities registered pursuant to Section 12(b) of the Act' section.
What is the par value of Weyerhaeuser Co.'s Common Stock?
The par value of Weyerhaeuser Co.'s Common Stock is $1.25 per share, as specified under 'Common Stock, par value $1.25 per share'.
What is the business address and phone number of Weyerhaeuser Co. as listed in the filing?
Weyerhaeuser Co.'s business address is 220 Occidental Avenue South, Seattle, Washington 98104-7800, and its telephone number is (206) 539-3000.
Filing Stats: 597 words · 2 min read · ~2 pages · Grade level 13.7 · Accepted 2024-01-24 16:43:13
Key Financial Figures
- $1.25 — ch registered Common Stock, par value $1.25 per share WY New York Stock Exchang
Filing Documents
- wy-20240118.htm (8-K) — 53KB
- wy-ex10_1.htm (EX-10.1) — 49KB
- wy-ex10_2.htm (EX-10.2) — 51KB
- 0000950170-24-007018.txt ( ) — 290KB
- wy-20240118.xsd (EX-101.SCH) — 29KB
- wy-20240118_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Financial Statements and Exhibits
Financial Statements and Exhibits
Signatures
Signatures EXHIBIT 10.1 Form of Weyerhaeuser Company Performance Share Unit Award Terms and Conditions EXHIBIT 10.2 Form of Weyerhaeuser Company Restricted Stock Unit Award Terms and Conditions EXHIBIT 104 Cover page interactive data file (embedded within the inline XBRL document). Table of Contents Section 5 – Corporate Governance and Management Item 5.02. Departure of Directors or Certa in Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (e) On January 18, 2024, the Compensation Committee of the Weyerhaeuser Company Board of Directors approved new forms of terms and conditions for future performance share unit awards and restricted stock unit awards that may be granted to executive officers under the Weyerhaeuser Company 2022 Long-Term Incentive Plan. Copies of the forms of performance share unit award terms and conditions and restricted stock unit award terms and conditions are filed as Exhibit 10.1 and Exhibit 10.2, respectively, to this report and incorporated herein by reference. Section 9 - Financial Statements and Exhibits
01. Finan cial Statements and Exhibits
Item 9.01. Finan cial Statements and Exhibits (d) Exhibits. The following items are filed as exhibits to this report. Exhibit No. Description 10.1 Form of Weyerhaeuser Company Performance Share Unit Award Terms and Conditions 10.2 Form of Weyerhaeuser Company Restricted Stock Unit Award Terms and Conditions 104 Cover page interactive data file (embedded within the inline XBRL document). Table of Contents SIGNA TURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WEYERHAEUSER COMPANY By: /s/ Kristy T. Harlan Name: Kristy T. Harlan Its: Senior Vice President, General Counsel and Corporate Secretary Date: January 24, 2024