4/A: PotlatchDeltic Director Amends Form 4 Filing to Correct Phantom Stock Unit Acquisition

William L. Driscoll, a director of PotlatchDeltic Corp, amended his initial Form 4 filing to correct a clerical error regarding the number of phantom stock units acquired on January 2, 2024.

Summary

• This is an amendment to a Form 4 filing by William L. Driscoll, a director at PotlatchDeltic Corp.
• The amendment corrects a clerical error in the original filing from January 2, 2024.
• The error involved the number of phantom stock units acquired on January 2, 2024.
• The original filing incorrectly stated the acquisition of 423.772 phantom stock units.
• The corrected amount is 415.827 phantom stock units.
• This correction reduces the amount of securities acquired, underlying securities, and beneficially owned securities by 7.945 phantom stock units.
• The phantom stock units are part of the PotlatchDeltic Corporation Deferred Compensation Plan for Directors II.
• These units will be paid out in shares of the issuer's common stock upon the director's termination of service.
• The reported holdings also include phantom stock units allocated as quarterly dividends.

Sentiment

Score: 7

Explanation: The document is a routine correction of a clerical error in a standard regulatory filing. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.

Future Outlook

The phantom stock units will be paid out in shares of PotlatchDeltic's common stock upon the director's termination of service, according to the terms of the Deferred Compensation Plan.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates