PotlatchDeltic (NYSE: PCH) VP sells 62 shares via 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 62 shares ($2,455)
Net Sell
1 txn
Insider
Cribb Ashlee Townsend
Role
Vice President, Wood Products
Sold
62 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 62 | $39.59 | $2K |
Holdings After Transaction:
Common Stock — 39,690.217 shares (Direct)
Footnotes (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. 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.
FAQ
Who is the insider in this PotlatchDeltic (PCH) Form 4 filing?
The insider is Ashlee Townsend Cribb, who serves as Vice President, Wood Products at PotlatchDeltic Corporation.
Was the PotlatchDeltic (PCH) insider trade discretionary or under a Rule 10b5-1 plan?
The sale was made under written instructions adopted on August 1, 2024, intended to satisfy Rule 10b5-1(c) conditions. The filing states these sales do not represent discretionary trades.
What does the dividend equivalent footnote mean in this PotlatchDeltic (PCH) filing?
The filing states the reported holdings include shares credited for dividend equivalents on stock-based awards held as of the dividend record date, where the awards had already vested and been delivered after the record date but before the dividend payment.