<SEC-DOCUMENT>0001959173-24-006446.txt : 20240912
<SEC-HEADER>0001959173-24-006446.hdr.sgml : 20240912
<ACCEPTANCE-DATETIME>20240912160752
ACCESSION NUMBER:		0001959173-24-006446
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240912
DATE AS OF CHANGE:		20240912

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RAYONIER INC
		CENTRAL INDEX KEY:			0000052827
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				132607329
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-06780
		FILM NUMBER:		241295000

	BUSINESS ADDRESS:	
		STREET 1:		1 RAYONIER WAY
		CITY:			WILDLIGHT
		STATE:			FL
		ZIP:			32097
		BUSINESS PHONE:		9043579100

	MAIL ADDRESS:	
		STREET 1:		1 RAYONIER WAY
		CITY:			WILDLIGHT
		STATE:			FL
		ZIP:			32097

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ITT RAYONIER INC /CT/
		DATE OF NAME CHANGE:	19940422

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ITT RAYONIER INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Martin V. Larkin
		CENTRAL INDEX KEY:			0001409530
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		1 RAYONIER WAY
		CITY:			YULEE
		STATE:			FL
		ZIP:			32097
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001409530</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000052827</issuerCik>
      <issuerName>RAYONIER INC</issuerName>
      <secFileNumber>001-06780</secFileNumber>
      <issuerAddress>
        <com:street1>1 RAYONIER WAY</com:street1>
        <com:city>WILDLIGHT</com:city>
        <com:stateOrCountry>FL</com:stateOrCountry>
        <com:zipCode>32097</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>9043579100</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Martin V. Larkin</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Fidelity Brokerage Services LLC</name>
        <address>
          <com:street1>245 Summer Street</com:street1>
          <com:city>Boston</com:city>
          <com:stateOrCountry>MA</com:stateOrCountry>
          <com:zipCode>02110</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>11998</noOfUnitsSold>
      <aggregateMarketValue>367858.68</aggregateMarketValue>
      <noOfUnitsOutstanding>148981703</noOfUnitsOutstanding>
      <approxSaleDate>09/12/2024</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <acquiredDate>05/31/2013</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Unit Award</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>RAYONIER INC.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1586</amountOfSecuritiesAcquired>
      <paymentDate>05/31/2013</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <acquiredDate>05/20/2011</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Unit Award</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>RAYONIER INC.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1684</amountOfSecuritiesAcquired>
      <paymentDate>05/20/2011</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <acquiredDate>05/17/2019</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Unit Award</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>RAYONIER INC.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3074</amountOfSecuritiesAcquired>
      <paymentDate>05/17/2019</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <acquiredDate>05/18/2012</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Unit Award</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>RAYONIER INC.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1783</amountOfSecuritiesAcquired>
      <paymentDate>05/18/2012</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <acquiredDate>05/19/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Restricted Stock Unit Award</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>RAYONIER INC.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3871</amountOfSecuritiesAcquired>
      <paymentDate>05/19/2023</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Virginia Larkin Martin</name>
        <address>
          <com:street1>c/o RAYONIER INC</com:street1>
          <com:street2>1 RAYONIER WAY</com:street2>
          <com:city>WILDLIGHT</com:city>
          <com:stateOrCountry>FL</com:stateOrCountry>
          <com:zipCode>32097</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common Shares</securitiesClassTitle>
      <saleDate>09/11/2024</saleDate>
      <amountOfSecuritiesSold>10011</amountOfSecuritiesSold>
      <grossProceeds>306036.27</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>09/12/2024</noticeDate>
      <planAdoptionDates>
        <planAdoptionDate>06/13/2024</planAdoptionDate>
      </planAdoptionDates>
      <signature>/s/ Myra King, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Virginia Larkin Martin</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
