RAYONIER INC — Director's Dealing 2026

Mar 3, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RAYONIER INC (RYN)
CIK: 0000052827
Period of Report: 2026-02-27

Reporting Person: BASS KEITH E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-02-27	Common Shares	A	1017	$21.49	Acquired	37320	Direct

Footnotes

F1: Reflects the number of common shares issued to the Reporting Person in payment of the Reporting Person's quarterly retainer in lieu of cash for Q4 2025 pursuant to the Reporting Person's election
to participate in the Non-Employee Director Compensation Election to Receive Shares in Lieu of Cash.

F2: This amount includes 1,684 common shares acquired pursuant to a special dividend received on December 12, 2025.