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PotlatchDeltic (NYSE: PCH) CFO logs small Rule 10b5-1 stock sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PotlatchDeltic Corporation Vice President and Chief Financial Officer Wayne Wasechek reported a small automatic sale of company common stock. On January 5, 2026, he sold 22 shares of PotlatchDeltic common stock at $39.59 per share and held 29,048.848 shares afterward, all reported as directly owned.

According to the disclosure, the sale was made under written instructions adopted on August 1, 2024 intended to satisfy Rule 10b5-1(c). The transaction was a “sell to cover” solely to pay tax withholding due on previously granted restricted stock unit and performance share awards, and is described as not being a discretionary trade. The reported share balance includes shares credited as dividend equivalents on stock-based awards.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WASECHEK WAYNE

(Last) (First) (Middle)
601 W. FIRST AVENUE
SUITE 1600

(Street)
SPOKANE WA 99201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
POTLATCHDELTIC CORP [ PCH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP and Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/05/2026 S 22(1)(2) D $39.59 29,048.848(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These sales were effected pursuant to written instructions adopted by the reporting person on August 1, 2024, which are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Pursuant to the written instructions, the reporting person made a "sell to cover" election for the sole purpose of satisfying the tax withholding obligations arising upon the settlement of previously granted restricted stock unit awards and performance share awards. These sales do not represent discretionary trades by the reporting person.
2. Includes shares credited for dividend equivalents on stock-based awards held as of the dividend record date. These awards had already vested and been delivered after the dividend record date but before the dividend was paid.
Remarks:
Wayne Wasechek, Vice President and Chief Financial Officer
/s/ Michele L. Tyler, Attorney-in-Fact 01/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PotlatchDeltic (PCH) report for its CFO?

PotlatchDeltic reported that Vice President and Chief Financial Officer Wayne Wasechek sold 22 shares of common stock on January 5, 2026 at $39.59 per share, leaving him with 29,048.848 shares directly owned.

Was the PotlatchDeltic CFO’s Form 4 sale a discretionary trade?

No. The filing states the sale was made under written instructions adopted on August 1, 2024 intended to satisfy Rule 10b5-1(c), as a “sell to cover” for tax withholding on equity awards, and that these sales do not represent discretionary trades by the reporting person.

Why did the PotlatchDeltic CFO sell 22 shares of common stock?

The transaction was a “sell to cover” done solely to satisfy tax withholding obligations arising from the settlement of previously granted restricted stock unit and performance share awards.

How many PotlatchDeltic shares does the CFO hold after the reported transaction?

After the January 5, 2026 sale, the Form 4 shows the CFO beneficially owned 29,048.848 shares of PotlatchDeltic common stock directly.

What is Rule 10b5-1’s relevance to this PotlatchDeltic Form 4 filing?

The filing notes that the written instructions for the sale were intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), indicating the transaction followed a pre-established trading plan.

Do the PotlatchDeltic CFO’s reported holdings include dividend equivalents?

Yes. A footnote explains that the reported holdings include shares credited for dividend equivalents on stock-based awards that had vested and been delivered after the dividend record date but before the dividend was paid.

Potlatchdeltic Corporation

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