Form 4: PotlatchDeltic Corp Executive Sells Shares to Cover Tax Obligations

Anna E. Torma, VP of Public Affairs and CSO at PotlatchDeltic Corp, sold 1,854 shares of common stock on February 10, 2025, to cover tax obligations related to the settlement of restricted stock unit and performance share awards.

Summary

• On February 10, 2025, Anna E. Torma, Vice President, Public Affairs and Chief Sustainability Officer of PotlatchDeltic Corp, sold 1,854 shares of common stock.
• The sale was executed at a weighted average price of $44.69 per share, with individual sales prices ranging from $44.53 to $45.07.
• The transaction was conducted to cover tax withholding obligations arising from the settlement of previously granted restricted stock unit awards and performance share awards.
• The sale was executed pursuant to written instructions adopted on August 15, 2024, intended to satisfy Rule 10b5-1(c).
• Following the transaction, Torma directly owns 26,347.225 shares of PotlatchDeltic Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive stock sale for tax purposes. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. The use of Rule 10b5-1 plans allows insiders to sell shares without being accused of trading on non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the amount is relatively small.

Key Dates

Keywords

Form 4, PotlatchDeltic Corp, Anna E. Torma, Stock Sale, Rule 10b5-1(c), Executive Compensation, Tax Withholding, PCH