Form 4: PotlatchDeltic Director Linda M. Breard Reports Acquisition of Restricted Stock Units

Director Linda M. Breard reports the acquisition of restricted stock units and disposal of common stock units, along with adjustments for dividend equivalents, affecting her beneficial ownership in PotlatchDeltic Corporation.

Summary

• On May 8, 2025, Linda M. Breard, a director of PotlatchDeltic Corporation, reported transactions involving the company's stock.
• Breard acquired 3,407.602 restricted stock units (RSUs) which will vest on May 8, 2026, subject to continued service.
• These RSUs may be settled only for shares of common stock on a one-for-one basis.
• During the vesting and deferral periods, dividend equivalents will be converted into additional RSUs.
• Breard also disposed of common stock units.
• Following these transactions, Breard's total beneficial ownership includes 30,893.364 shares of common stock, including common stock units representing quarterly dividends.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of RSUs aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the director.

Future Outlook

The acquired RSUs will vest on May 8, 2026, subject to continued service, and will be settled for shares of common stock or converted into common stock units and deferred according to the company's long-term incentive plan.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their alignment with shareholder interests.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder confidence by aligning management's interests with the company's long-term success.

Key Dates

Keywords

PotlatchDeltic, Director, Linda M. Breard, RSUs, Restricted Stock Units, Beneficial Ownership, Form 4, SEC, Dividend Equivalents, Stock Units