Form 4: PotlatchDeltic Corp Director Driscoll Reports Acquisition of Phantom Stock Units

Director William L. Driscoll reports the acquisition of phantom stock units in PotlatchDeltic Corp through a deferred compensation plan.

Summary

• On April 1, 2025, Director William L. Driscoll acquired 488.063 phantom stock units in PotlatchDeltic Corp.
• The acquisition was made through the PotlatchDeltic Corporation Deferred Compensation Plan for Directors II.
• These phantom stock units are the economic equivalent of shares of the issuer's common stock and will be paid on a 1-for-1 basis.
• The reporting person now beneficially owns 26,032.435 phantom stock units.
• The transaction did not involve any monetary exchange, as the price per unit is reported as $0.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction related to director compensation, indicating alignment of interests with the company's performance. There are no explicit negative implications.

Positives

• The acquisition of phantom stock units aligns the director's interests with the long-term performance of the company.
• Deferred compensation plans can be a tax-efficient way for directors to receive compensation.

Future Outlook

The phantom stock units will be paid out in the future according to the director's deferral election under the PotlatchDeltic Corporation Deferred Compensation Plan for Directors II.

Industry Context

Deferred compensation plans are a common practice for compensating directors and executives, aligning their interests with the long-term performance of the company. This filing is a routine disclosure of such compensation.

Comparison to Industry Standards

• Many publicly traded companies, including those in the timber and real estate sectors like Weyerhaeuser and Rayonier, utilize deferred compensation plans for their directors.
• The specifics of these plans, such as vesting schedules and payout terms, can vary widely.
• The number of phantom stock units granted and the overall value of the deferred compensation are generally aligned with industry benchmarks for director compensation at companies of similar size and market capitalization.

Key Dates

Keywords

phantom stock units, PotlatchDeltic Corp, director compensation, deferred compensation plan, Form 4, beneficial ownership, securities