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

Darin R. Ball, Vice President of Timberlands at PotlatchDeltic Corp, sold 2,236 shares of common stock to cover tax obligations arising from the settlement of restricted stock unit and performance share awards.

Summary

• On February 10, 2025, Darin R. Ball, Vice President of Timberlands at PotlatchDeltic Corp, sold 2,236 shares of common stock.
• The sale was executed at a weighted average price of $44.73 per share, with prices ranging from $44.52 to $45.07.
• The transaction was conducted under a pre-arranged trading plan (Rule 10b5-1(c)) adopted on August 5, 2024, to cover tax withholding obligations.
• Following the transaction, Ball directly owns 46,531.385 shares of PotlatchDeltic Corp.
• The sale was not a discretionary trade but rather a 'sell to cover' election for tax purposes.

Sentiment

Score: 5

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

Industry Context

Executive stock sales are a common occurrence and are often related to compensation and tax planning. The use of a 10b5-1 plan indicates that the sales were pre-planned and not based on insider information.

Stakeholder Impact

• The stock sale is unlikely to have a significant impact on shareholders as it is a small percentage of the total outstanding shares and was pre-planned.

Key Dates

Keywords

Form 4, PotlatchDeltic Corp, Darin R. Ball, Stock Sale, Timberlands, Rule 10b5-1(c), Tax Obligations, Executive, PCH