POTLATCHDELTIC CORP·4

Jan 21, 9:00 AM ET

Smith Glen F 4

Research Summary

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POTLATCHDELTIC (PCH) Chief Accounting Officer Glen F. Smith Receives RSU Award

What Happened

  • Glen F. Smith, Chief Accounting Officer of PotlatchDeltic Corp (PCH), received an award of 1,687 restricted stock units (RSUs) on January 16, 2026. The award is reported at $0 (no cash exchanged). The RSUs vest on December 31, 2028, subject to continued employment, and will be settled one-for-one into common shares when vested. Dividends that would have been paid on the underlying shares will be converted into additional RSUs that also vest on December 31, 2028.

Key Details

  • Transaction date: 2026-01-16; Filing date: 2026-01-21 (filed within the Form 4 deadline given the MLK Day holiday)
  • Transaction type/code: Award/Grant (A)
  • Shares/units granted: 1,687 RSUs; reported acquisition price: $0
  • Vesting: December 31, 2028, subject to continued employment
  • Dividend treatment: Dividends converted into additional RSUs that vest the same date
  • Shares owned after transaction: Not specified in the provided filing

Context

  • RSU grants are compensation awards, not open-market purchases or sales; they do not represent current transferable shares until vested and settled. Such grants are common executive compensation and do not, by themselves, indicate the insider is buying or selling stock.