---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-032108"
form_type: "8-K"
ticker: null
cik: "0001338749"
company_name: "POTLATCHDELTIC CORP"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:33:58.291724+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# PotlatchDeltic completes merger with Rayonier; shareholders receive 1.8185 RYN shares + $0.61 cash

## Summary
- Merger closed Jan 30, 2026; each PCH share converted to 1.8185 Rayonier shares plus $0.61 cash.
- PotlatchDeltic stock delisted from Nasdaq; trading halted after market close on Jan 30, 2026.
- All PotlatchDeltic directors and officers ceased; five former directors joined Rayonier board.
- PotlatchDeltic becomes wholly owned subsidiary of Rayonier; no fractional shares issued.
- Equity awards converted to Rayonier RSUs or stock equivalent units based on exchange ratios.

## SEC filing metadata
- accession: 0001193125-26-032108
- form_type: 8-K
- cik: 0001338749
- company_name: POTLATCHDELTIC CORP
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1338749/000119312526032108/0001193125-26-032108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1338749/000119312526032108/d65514d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-032108
- JSON: https://secwatch.observer/filing/0001193125-26-032108.json
- Plain text: https://secwatch.observer/filing/0001193125-26-032108.txt

## Source-grounded claims
- claim_id: 7e5cc8a50e429d22e15c07df7c785f27a040e4ca
  claim: POTLATCHDELTIC CORP: Certificate of Incorporation and Bylaws ceased to be in effect; replaced by Certificate of Formation and LLC Agreement of the surviving entity upon merger.
  evidence_excerpt: at the Effective Time, the Fourth Restated Certificate of Incorporation and the Amended and Restated Bylaws of the Company ceased to be in effect and the Certificate of Formation and Limited Liability Company Agreement of Redwood Merger Sub, LLC in existence prior to the Effective Time became the Certificate of Formation and the Limited Liability Company Agreement of the Company Surviving Entity
  evidence_url: https://www.sec.gov/Archives/edgar/data/1338749/000119312526032108/0001193125-26-032108-index.htm
- claim_id: ed31d0317b223ee5985b2397f7ddf1eaedc44e24
  claim: POTLATCHDELTIC CORP underwent a change of control involving Rayonier Inc. for 1.8185 Rayonier common shares and $0.61 in cash per share of PotlatchDeltic common stock (closed 2026-01-30).
  evidence_excerpt: Common Stock ”), that was outstanding immediately prior to the effective time of the Merger (the “ Effective Time ”) was canceled and converted into the right to receive 1.8185 (the “ Adjusted Exchange Ratio ”) Rayonier common shares, no par value (the “ Rayonier Common Shares ”) and $0.61 in cash (together, the “ Merger Consideration ”). No fractional
  evidence_url: https://www.sec.gov/Archives/edgar/data/1338749/000119312526032108/0001193125-26-032108-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
