RAYONIER INC — Director's Dealing 2023

Feb 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2023-02-01

Reporting Person: NUNES DAVID L (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-01	Common Shares	S	16454.33	$37	Disposed	74900.67	Indirect

Footnotes

F1: These securities were sold pursuant to a Rule 10b5-1 trading plan adopted by The Nunes Family Irrevocable Trust on August 26, 2022.

F2: The beneficiary of one-third of The Nunes Children's Irrevocable Trust is the Reporting Person's minor child who resides within his household. As a result, the Reporting Person indirectly remains beneficial owner of the 74,900.67 Common Shares. The Reporting Person is not the trustee, settlor or beneficiary of The Nunes Children's Irrevocable Trust and disclaims any beneficial ownership therein.