Form 4: PotlatchDeltic VP Sells Shares for Tax Obligations

PotlatchDeltic's Vice President of Real Estate, William R. DeReu, sold 44 shares of common stock to cover tax withholding obligations from vested equity awards.

Summary

• William R. DeReu, Vice President, Real Estate at PotlatchDeltic Corp (PCH), reported a sale of common stock.
• On January 5, 2026, DeReu disposed of 44 shares of common stock at a price of $39.59 per share.
• The transaction was a "sell to cover" election, solely for satisfying tax withholding obligations from previously granted restricted stock unit and performance share awards.
• This sale was not a discretionary trade by the reporting person and was executed pursuant to a Rule 10b5-1(c) plan adopted on August 12, 2024.
• Following this transaction, DeReu beneficially owns 73,895.299 shares of common stock.
• The reported shares include dividend equivalents on stock-based awards.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary 'sell to cover' for tax purposes, which is a neutral event and does not reflect a change in management's outlook on the company.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitor analysis.

Stakeholder Impact

• Minimal impact on shareholders as this is a small, non-discretionary sale for tax purposes by an executive, not indicative of a change in company fundamentals or management confidence.

Key Dates

Keywords

PotlatchDeltic, PCH, Insider Trading, Form 4, Stock Sale, Tax Withholding, Equity Awards, William R. DeReu, Rule 10b5-1