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CENTRAL SECURITIES CORP
> RYN
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | RAYONIER INC | RYN | 700,000 | 0 | 21,980,000,000 | -1,302,000,000 | $31,400.00 |
| 03/31/2023 | RAYONIER INC | RYN | 700,000 | 0 | 23,282,000,000 | 210,000,000 | $33,260.00 |
| 12/31/2022 | RAYONIER INC | RYN | 700,000 | 0 | 23,072,000,000 | 23,051,021,000 | $32,960.00 |
| 09/30/2022 | RAYONIER INC | RYN | 700,000 | 0 | 20,979,000 | -5,187,000 | $29.97 |
| 06/30/2022 | RAYONIER INC | RYN | 700,000 | 0 | 26,166,000 | -2,618,000 | $37.38 |
| 03/31/2022 | RAYONIER INC | RYN | 700,000 | 0 | 28,784,000 | 532,000 | $41.12 |
| 12/31/2021 | RAYONIER INC | RYN | 700,000 | -100,000 | 28,252,000 | -292,000 | $40.36 |
| 09/30/2021 | RAYONIER INC | RYN | 800,000 | -200,000 | 28,544,000 | -7,386,000 | $35.68 |
| 06/30/2021 | RAYONIER INC | RYN | 1,000,000 | 0 | 35,930,000 | 3,680,000 | $35.93 |
| 03/31/2021 | RAYONIER INC | RYN | 1,000,000 | -41,128 | 32,250,000 | 1,662,000 | $32.25 |
| 12/31/2020 | RAYONIER INC | RYN | 1,041,128 | -58,872 | 30,588,000 | 1,504,000 | $29.38 |
| 09/30/2020 | RAYONIER INC | RYN | 1,100,000 | 140,000 | 29,084,000 | 5,286,000 | $26.44 |
| 06/30/2020 | RAYONIER INC | RYN | 960,000 | 60,000 | 23,798,000 | 2,603,000 | $24.79 |
| 03/31/2020 | RAYONIER INC | RYN | 900,000 | 100,000 | 21,195,000 | -5,013,000 | $23.55 |
| 12/31/2019 | RAYONIER INC | RYN | 800,000 | 0 | 26,208,000 | 3,648,000 | $32.76 |
| 09/30/2019 | RAYONIER INC | RYN | 800,000 | 100,000 | 22,560,000 | 1,350,000 | $28.20 |
| 06/30/2019 | RAYONIER INC | RYN | 700,000 | 0 | 21,210,000 | -854,000 | $30.30 |
| 03/31/2019 | RAYONIER INC | RYN | 700,000 | 0 | 22,064,000 | 2,681,000 | $31.52 |
| 12/31/2018 | RAYONIER INC | RYN | 700,000 | 0 | 19,383,000 | -4,284,000 | $27.69 |
| 09/30/2018 | RAYONIER INC | RYN | 700,000 | 0 | 23,667,000 | -3,416,000 | $33.81 |
| 06/30/2018 | RAYONIER INC | RYN | 700,000 | 0 | 27,083,000 | 2,457,000 | $38.69 |
| 03/31/2018 | RAYONIER INC | RYN | 700,000 | 0 | 24,626,000 | 2,485,000 | $35.18 |
| 12/31/2017 | RAYONIER INC | RYN | 700,000 | 0 | 22,141,000 | 1,918,000 | $31.63 |
| 09/30/2017 | RAYONIER INC | RYN | 700,000 | 0 | 20,223,000 | 84,000 | $28.89 |
| 06/30/2017 | RAYONIER INC | RYN | 700,000 | 0 | 20,139,000 | 301,000 | $28.77 |
| 03/31/2017 | RAYONIER INC | RYN | 700,000 | 0 | 19,838,000 | 1,218,000 | $28.34 |
| 12/31/2016 | RAYONIER INC | RYN | 700,000 | 0 | 18,620,000 | 42,000 | $26.60 |
| 09/30/2016 | RAYONIER INC | RYN | 700,000 | 0 | 18,578,000 | 1,302,000 | $26.54 |
| 06/30/2016 | RAYONIER INC | RYN | 700,000 | 0 | 18,368,000 | 1,092,000 | $26.24 |
| 03/31/2016 | RAYONIER INC | RYN | 700,000 | -69,896 | 17,276,000 | 284,000 | $24.68 |
| 12/31/2015 | RAYONIER INC | RYN | 700,000 | -69,896 | 15,540,000 | -1,452,000 | $22.20 |
| 09/30/2015 | RAYONIER INC | RYN | 769,896 | -30,104 | 16,992,000 | -3,448,000 | $22.07 |
| 06/30/2015 | RAYONIER INC | RYN | 800,000 | 220,000 | 20,440,000 | 4,803,000 | $25.55 |
| 03/31/2015 | RAYONIER INC | RYN | 580,000 | 152,700 | 15,637,000 | 3,698,000 | $26.96 |
| 12/31/2014 | RAYONIER INC | RYN | 427,300 | 427,300 | 11,939,000 | 11,939,000 | $27.94 |
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