[Form 4] POTLATCHDELTIC CORP Insider Trading Activity

Rhea-AI Filing Summary

William L. Driscoll, a director of PotlatchDeltic Corporation (PCH), was credited with 523.576 phantom stock units on 10/01/2025 under the company's Deferred Compensation Plan for Directors II. Each phantom unit is the economic equivalent of one share and will be paid 1-for-1 in common stock according to the director's deferral election. The reported transaction shows a $0 price per unit because these units represent deferred compensation rather than a cash purchase. Following this crediting, the filing reports beneficial ownership of 27,710.379 shares (which includes previously credited phantom units representing quarterly dividends). The Form 4 was signed on behalf of Mr. Driscoll by an attorney-in-fact on 10/02/2025.

Positive

• 523.576 phantom stock units credited, increasing the director's equity exposure and alignment with shareholders
• Units convert 1-for-1 to common stock, making the economic link to company performance clear

Negative

• None.

Insights

Financial Analyst

Director received 523.576 phantom units; this is a non-cash compensation credit, modest in size relative to outstanding shares.

The award is a routine director deferred-compensation credit that increases the director's economic exposure to company stock without immediate cash outlay. Because units convert 1-for-1 to common shares upon payout, the transaction modestly raises potential future dilution and aligns the director's interests with shareholders. There is no cash purchase and no exercise price, so immediate balance-sheet or liquidity effects are minimal.

Corporate Governance Expert

Standard deferred-compensation credit under the director plan; reinforces alignment with shareholders but is not a material governance event.

The entry of phantom units into a director's deferred compensation account is consistent with common governance practices to tie director pay to equity performance. The filing discloses that dividend-equivalent units are included since the last report, indicating routine accumulation rather than a new award program. No departures, changes in control, or unusual terms are disclosed.

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).

1. Name and Address of Reporting Person^*

DRISCOLL WILLIAM LINDEKE

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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

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
Phantom Stock Units(1)	$0(2)	10/01/2025		A		523.576		(3)	(3)	Common Stock	523.576	$0	27,710.379(4)	D

Explanation of Responses:

1. Phantom stock units are credited to the reporting person's deferred compensation account on the transaction date in accordance with the provisions of the PotlatchDeltic Corporation Deferred Compensation Plan for Directors II and will be paid on a 1-for-1 basis in shares of the issuer's common stock.

2. Each unit of phantom stock is the economic equivalent of one share of the issuer's common stock.

3. Phantom stock units will be paid in accordance with the reporting person's deferral election under the PotlatchDeltic Corporation Deferred Compensation Plan for Directors II.

4. Includes phantom stock units that represent quarterly dividends allocated to the reporting person's deferred compensation account since the reporting person's last report that reported the reporting person's beneficial ownership of phantom stock units.

Remarks:

William L. Driscoll, Director

	/s/ Michele L. Tyler, Attorney-in-Fact	10/02/2025
	** 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 did William L. Driscoll report on Form 4 for PCH?

The filing reports 523.576 phantom stock units credited on 10/01/2025 to Mr. Driscoll's deferred compensation account under the director plan.

How do the phantom stock units convert to PotlatchDeltic (PCH) shares?

Each phantom unit is the economic equivalent of one common share and will be paid 1-for-1 in shares according to the director's deferral election.

Did Mr. Driscoll pay cash for these units?

No. The reported price per unit is $0, indicating these are deferred-compensation credits rather than a cash purchase.

What is Mr. Driscoll's reported beneficial ownership after the transaction?

The Form 4 reports beneficial ownership of 27,710.379 shares, which includes the newly credited phantom units and dividend-equivalent units accrued since the last report.

When was the Form 4 signed and by whom?

The Form 4 was signed on behalf of William L. Driscoll by Michele L. Tyler, Attorney-in-Fact on 10/02/2025.