Form 4: PotlatchDeltic Director William Driscoll Reports Share Disposals

Director William Driscoll of PotlatchDeltic Corp. reported the disposal of 1,193 shares of common stock through gift transactions.

Summary

• William Driscoll, a director at PotlatchDeltic Corp, filed a Form 4 indicating changes in his beneficial ownership of the company's stock.
• The report details the disposal of 477 shares on November 15, 2024, and 716 shares on November 18, 2024, both through gift transactions.
• These transactions resulted in a decrease in his direct holdings of common stock.
• Following these transactions, Driscoll directly owns 118,448.871 shares of common stock.
• He also indirectly owns 211,527 shares, with 205,929 held in trust, 5,231 as a manager, and 367 as a right to substitute, with 211,160 of these shares expressly disclaimed.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of stock transactions by a director, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of a director's stock transactions, which is common in publicly traded companies. It provides transparency into the ownership changes of key personnel.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reporting of gift transactions is consistent with SEC regulations for beneficial ownership changes.
• The level of detail provided in the filing is typical for this type of disclosure.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as they reflect a change in ownership by a director.
• The disclosure provides transparency to the market regarding insider transactions.

Key Dates

Keywords

Form 4, Beneficial Ownership, PotlatchDeltic, Director, Share Disposal, William Driscoll, Stock Transaction, Gift