1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: The following table provides information with respect to purchases of common stock made by the company during first quarter 2024:
−Removed: COMMON SHARE REPURCHASES DURING FIRST QUARTER 2024
+Added: The following table provides information with respect to purchases of common stock made by the company during second quarter 2024:
+Added: COMMON SHARE REPURCHASES DURING SECOND QUARTER 2024
AVERAGE PRICE
2 unchanged sentences
OF SHARES THAT
−Removed: January 1 – January 31
−Removed: February 1 – February 29
−Removed: March 1 – March 31
+Added: April 1 – April 30
+Added: May 1 – May 31
+Added: June 1 – June 30
On September 22, 2021, we announced that our board had approved a new share repurchase program (the 2021 Repurchase Program) under which we are authorized to repurchase up to $1 billion of outstanding shares.
Concurrently, the board terminated the remaining repurchase authorization under the 2019 Repurchase Program.
−Removed: During first quarter 2024, we repurchased 1,472,369 shares for approximately $49 million (including transaction fees) under the 2021 Repurchase Program in open-market transactions.
+Added: During second quarter 2024, we repurchased 1,669,145 shares for approximately $50 million (including transaction fees) under the 2021 Repurchase Program in open-market transactions.
Transaction fees incurred for repurchases are not counted as use of funds authorized for repurchases under the 2021 Repurchase Program.
−Removed: As of March 31, 2024, we had remaining authorization of $202 million for future stock repurchases.
+Added: As of June 30, 2024, we had remaining authorization of $152 million for future stock repurchases.
OTHER INFORMATION
Rule 10b5-1 Trading Arrangements
−Removed: During first quarter 2024, one of the company's "officers" (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended (the "Exchange Act")) adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act.
−Removed: Hagen , senior vice president and chief development officer, adopted a plan on March 8, 2024 to sell an aggregate 40,065 shares of common stock.
−Removed: Hagen's plan expires when all of the shares are sold or on June 10, 2025, whichever occurs first.
−Removed: Form of Weyerhaeuser Company 2022 Long-Term Incentive Plan Performance Share Unit Award Terms and Conditions for Plan Year 2024 (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K filed on January 24, 2024 – Commission File Number 1-4825)
−Removed: Form of Weyerhaeuser Company 2022 Long-Term Incentive Plan Restricted Stock Unit Award Terms and Conditions for Plan Year 2024 (incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K filed on January 24, 2024 – Commission File Number 1-4825)
+Added: During second quarter 2024, one of the company's "officers" (as that term is defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended (the "Exchange Act")) adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act.
+Added: Wold , senior vice president and chief financial officer , adopted a plan on April 30, 2024 to initiate the cashless exercise of 4,402 stock options which expire on February 12, 2025 , and thereby sell on the open market 4,402 shares of common stock underlying the stock options at a designated strike price.
+Added: Wold’s plan expires when all of the stock options are exercised and all of the underlying shares are sold or on February 12, 2025 , whichever occurs first.
Certification of Chief Executive Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, as amended.
7 unchanged sentences
Inline XBRL Taxonomy Extension Presentation Linkbase Document
−Removed: The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, has been formatted in Inline XBRL.
+Added: The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, has been formatted in Inline XBRL.
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 thereunto duly authorized.
WEYERHAEUSER COMPANY
−Removed: April 26, 2024
+Added: July 26, 2024
Senior Vice President and Chief Financial Officer
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.