PotlatchDeltic (NYSE: PCH) VP sells 62 shares via 10b5-1 trading plan
Rhea-AI Filing Summary
PotlatchDeltic Corporation Vice President Ashlee Townsend Cribb reported a small automatic share sale under a pre-set trading plan. On January 5, 2026, she sold 62 shares of PotlatchDeltic common stock at $39.59 per share, and held 39,690.217 shares afterward, all reported as directly owned.
The filing explains that the sale was made under written instructions adopted on August 1, 2024 intended to meet Rule 10b5-1(c) conditions. The transaction was a "sell to cover" designed solely to satisfy tax withholding obligations tied to previously granted restricted stock units and performance share awards, and is described as not a discretionary trade. The share total includes amounts credited as dividend equivalents on vested stock-based awards.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 62 | $39.59 | $2K |
Footnotes (2)
- F1. 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.
- F2. 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.
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