by Dan Primack @danprimack

DECEMBER 18, 2014, 2:21 PM EST

Longtime timber executive Rick Holley returns nearly $2 million worth of stock.

Well, here’s something you don’t see too often. Or maybe never…

Rick Holley is CEO of Plum Creek Timber Co. PCL 0.50% , a Seattle-based real estate investment trust that owns and manages around 6.8 million acres of timberland in 19 states. Today Holley disclosed, via a regulatory filing, that he has returned 44,445 restricted stock units back to the company because “he does not believe that he should receive such an award unless Plum Creek’s stockholders see an increase in their investment return.”

Read the full article on FORTUNE magazine online.