Form 4: PotlatchDeltic CEO Eric Cremers Reports Stock Transaction

PotlatchDeltic CEO Eric Cremers sold 783.237 shares of common stock to cover tax obligations.

Summary

• Eric Cremers, the President and CEO of PotlatchDeltic Corp, reported a transaction involving the company's common stock.
• On December 5, 2024, Mr. Cremers disposed of 783.237 shares of common stock at a price of $43.75 per share.
• This transaction was to cover FICA tax obligations for a retirement-eligible executive.
• Following the transaction, Mr. Cremers beneficially owns 242,174.799 shares of PotlatchDeltic common stock, which includes adjustments for accrued dividends.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing for an executive stock transaction, which is neither positive nor negative for the company's overall performance.

Management Comments

• The shares were withheld for FICA tax for a retirement eligible executive.

Industry Context

This is a routine filing related to executive stock transactions and is common in publicly traded companies.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies, and this filing is consistent with standard practices.
• The sale of shares to cover tax obligations is a typical event for executives who receive stock-based compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive.

Key Dates

Keywords

PotlatchDeltic, Eric Cremers, stock transaction, SEC Form 4, insider trading, executive compensation, FICA tax, common stock