Form 4: PotlatchDeltic VP Withholds Shares for Tax Obligations
Insider Transaction Report
Ashlee Townsend Cribb, Vice President of Wood Products at PotlatchDeltic Corp, disposed of 337.098 shares of common stock to cover tax obligations related to a deferred restricted stock unit award vesting.
Summary
- Ashlee Townsend Cribb, Vice President, Wood Products at PotlatchDeltic Corp (PCH), reported a transaction on July 28, 2025.
- The transaction involved the disposition of 337.098 shares of Common Stock.
- These shares were withheld to satisfy FICA taxes and related income tax withholding obligations.
- The withholding was in connection with the vesting of a restricted stock unit award that was deferred by the participant.
- The reported beneficial ownership of Common Stock following this transaction is 36,991.65 shares, which includes adjustments for accrued dividends.
Sentiment
Score: 5
Explanation: Neutral. This is a routine insider transaction for tax purposes and does not indicate any significant positive or negative sentiment regarding the company's performance or outlook.
Negatives
- A disposition of 337.098 shares of common stock occurred, reducing the direct beneficial ownership.
Future Outlook
The filing does not provide any forward-looking statements or guidance beyond the reported transaction date.
Industry Context
This filing is a routine insider transaction report, common across all industries, reflecting a standard mechanism for covering tax liabilities upon the vesting of equity awards. It does not provide specific insights into broader industry trends for the wood products sector.
Stakeholder Impact
- Shareholders: The transaction represents a minor, routine reduction in insider ownership, which is generally not considered material for investment decisions.
Key Dates
| Date | Description |
|---|---|
| 07/28/2025 | Date of earliest transaction, involving the disposition of shares for tax withholding. |
Keywords
PotlatchDeltic Corp, PCH, SEC Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Tax Obligations, Corporate Officer, Wood Products
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