Form 4: Director Driscoll Reports Changes in Beneficial Ownership of PotlatchDeltic Corp Shares

Sentiment:

SEC Filing


William Driscoll, a director of PotlatchDeltic Corp, reports a change in beneficial ownership due to his resignation as trustee of two trusts holding company stock.

Summary

  • Director William Driscoll filed a Form 4 to report changes in his beneficial ownership of PotlatchDeltic Corp shares.
  • The filing indicates that Driscoll resigned as trustee of two trusts that collectively held 29,227 shares of PotlatchDeltic common stock.
  • These shares were previously reported as indirectly held by Driscoll.
  • Driscoll directly owns 119,417 shares of common stock, including adjustments for accrued dividends.
  • He also indirectly holds 205,929 shares in trust, 5,231 shares as a manager, and 367 shares with a right to substitute, disclaiming beneficial ownership of 211,160 of these shares.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, indicating no particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.

Stakeholder Impact

  • The change in beneficial ownership has a minimal impact on stakeholders as it reflects an internal change in Driscoll's role as trustee.

Key Dates

DateDescription
07/09/2024Date of transaction (resignation as trustee).
07/11/2024Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.