Form 4: PotlatchDeltic Corp Director Driscoll Reports Phantom Stock Unit Acquisition
SEC Form 4 Filing
Director William L. Driscoll reports acquisition of phantom stock units in PotlatchDeltic Corp through deferred compensation plan.
Summary
- William L. Driscoll, a director of PotlatchDeltic Corp, reported a transaction on October 1, 2024.
- Driscoll acquired 487.302 phantom stock units through the PotlatchDeltic Corporation Deferred Compensation Plan for Directors II.
- These units are the economic equivalent of common stock shares and will be paid out on a 1-for-1 basis.
- The reporting person's holdings following the transaction are 24,452.173 phantom stock units.
- The phantom stock units include quarterly dividends allocated to the reporting person's deferred compensation account since the last report.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction related to executive compensation. It doesn't inherently indicate positive or negative performance.
Positives
- The acquisition of phantom stock units by a director signals confidence in the company's future performance.
Future Outlook
The phantom stock units will be paid in accordance with the reporting person's deferral election under the PotlatchDeltic Corporation Deferred Compensation Plan for Directors II.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Acquisition of phantom stock units. |
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.