CREMERS ERIC J 4
Research Summary
AI-generated summary
PotlatchDeltic CEO Eric Cremers Receives RSU Award
What Happened
- Eric J. Cremers, President, Chief Executive Officer and Director of PotlatchDeltic Corp (PCH), was granted 27,069 restricted stock units (RSUs) on 2026-01-16. The RSUs were reported at $0.00 at grant (typical for equity awards) and will settle one-for-one into common shares upon vesting. This is an award/compensation grant (transaction code A), not a purchase or sale.
Key Details
- Transaction date and price: 2026-01-16; 27,069 RSUs @ $0.00.
- Vesting: RSUs vest on December 31, 2028, subject to continued employment through that date (Footnote F1).
- Dividend treatment: Dividend equivalents will be converted into additional RSUs that also vest on 12/31/2028 (F1). F2 notes adjustments for dividends accrued.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing timeliness: Report filed 2026-01-21; this is within the SEC two-business-day filing window (timely).
Context
- RSUs are a form of compensation that convert into shares at vesting and require no cash outlay by the recipient at grant; they do not necessarily indicate a buying or selling decision by the insider. The dividend-equivalent feature increases future share count if dividends are paid before vesting.