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Piedmont Realty Trust, Inc SEC Filings

PDM NYSE

Welcome to our dedicated page for Piedmont Realty Trust SEC filings (Ticker: PDM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

Reading a real-estate investment trust’s disclosures can feel like walking floor-by-floor through a 300-page office tower. Piedmont Office Realty Trust’s Class A portfolio stretches from Midtown Atlanta to Silicon Beach, and its SEC documents are packed with detailed lease schedules, FFO calculations and debt covenants. If you have ever wondered, “How do I find Piedmont Office Realty Trust’s quarterly earnings report 10-Q filing?” or needed “Piedmont Office Realty Trust insider trading Form 4 transactions” in real time, this page eliminates the search.

Stock Titan’s AI-powered summaries convert dense 10-K risk factors and 8-K material events into clear language, linking each note to the underlying property performance. Whether you need a quick take on a dividend sustainability paragraph or a deep dive into occupancy trends, our engine delivers. You’ll see every filing type as soon as EDGAR posts it—annual report 10-K, proxy statement executive compensation, Form 4 insider transactions real-time, and every 8-K headline—alongside plain-English explanations. It’s “understanding Piedmont Office Realty Trust SEC documents with AI” without wrestling with legal prose.

Use these insights to:

  • Track executive stock transactions—“Piedmont Office Realty Trust executive stock transactions Form 4”.
  • Compare same-store NOI from one “Piedmont Office Realty Trust earnings report filing analysis” to the next.
  • See lease rollover tables before making a dividend decision.
From “Piedmont Office Realty Trust 8-K material events explained” to “Piedmont Office Realty Trust annual report 10-K simplified,” every disclosure is here, refreshed in seconds, and annotated by experts so you can act with confidence.

Rhea-AI Summary

Piedmont Realty Trust, Inc., through its operating partnership, has issued $400,000,000 of 5.625% Senior Notes due 2033, fully and unconditionally guaranteed by the company. The notes mature on January 15, 2033 and pay interest semi-annually each January 15 and July 15, starting July 15, 2026.

The indenture includes covenants that limit additional secured and unsecured debt, restrict major mergers or asset sales, and require total unencumbered assets of at least 150% of total unsecured debt. The notes may be redeemed at a make-whole price before November 15, 2032 and at 100% of principal plus interest on or after that date.

The company plans to use the net proceeds, together with its $600 million unsecured credit line and cash on hand if needed, primarily to purchase its operating partnership’s outstanding 9.250% senior notes due 2028 in a tender offer begun substantially concurrently with this offering. Any remaining proceeds may be used for working capital, capital expenditures, other general corporate purposes, or to repay other borrowings.

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Piedmont Realty Trust announced that its operating partnership has commenced a cash tender offer to purchase any and all of its outstanding 9.250% senior notes due 2028. The move targets high‑coupon debt and, if completed, would reduce notes outstanding through repurchases for cash. Additional details are provided in a press release furnished as Exhibit 99.1.

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Piedmont Operating Partnership, LP, the primary operating subsidiary of Piedmont Realty Trust, Inc., is offering new senior unsecured notes, fully and unconditionally guaranteed by the REIT. The coupon, size, and maturity will be set at pricing.

Piedmont intends to use the net proceeds, together with borrowings under its 2022 line of credit and cash on hand if needed, to fund a concurrent cash tender offer to purchase any and all of its outstanding 9.250% senior notes due 2028. If the tender offer is not completed, or if proceeds exceed tender consideration, remaining funds may be used for working capital, capital expenditures, other general corporate purposes, or to repay other borrowings.

The notes will rank equally with all other senior unsecured debt of the Operating Partnership and be effectively subordinated to secured debt and subsidiary liabilities. The notes are redeemable at the issuer’s option as described, and will not be listed on any securities exchange.

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Piedmont Realty Trust (PDM) furnished an 8-K announcing its third quarter 2025 financial results. The company released an earnings press release and supplemental information, both posted to its Investor Relations website and attached as Exhibit 99.1.

The materials were provided under Item 2.02: Results of Operations and Financial Condition and, per SEC rules cited, are deemed furnished and not filed. The report is dated October 27, 2025.

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Piedmont Realty Trust (PDM) reported Q3 2025 results showing stable revenue and higher non-cash costs. Total revenues were $139.2 million, essentially flat year over year, while net loss widened to $13.5 million, or $0.11 per share, largely due to higher depreciation from recent building improvements.

Property performance remained resilient: quarterly NOI was $83.3 million versus $81.2 million a year ago. The portfolio comprised 29 in-service projects totaling approximately 14.9 million square feet and was 89.2% leased as of September 30, 2025.

Capital and liquidity actions were notable. The company upsized its 2024 term loan to $325 million, extended its $600 million unsecured line of credit to June 30, 2028 with two one-year options, and removed a SOFR credit spread adjustment on two facilities, reducing all‑in rates by 10 bps. It repurchased $67.5 million of 2028 notes, recording a $7.5 million extinguishment loss. As of quarter end, $434 million remained available on the revolver and there are no required debt maturities until 2028. Year-to-date capital expenditures were $115.8 million, focused on renovations and tenant improvements.

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Sherry L. Rexroad, listed as EVP-CFO of Piedmont Realty Trust, Inc. (PDM), had 15,151 restricted stock units vest and be settled in common stock on 10/01/2025. The filing shows the vesting was the first annual installment from a 60,606-unit grant made on 10/01/2024, with the grant vesting in four equal annual installments. After the settlement, the reporting person is shown with 32,001 shares of common stock beneficially owned (direct) and 90,056 shares total beneficially owned as reflected by outstanding restricted stock units. The form was signed by an attorney-in-fact on behalf of the reporting person on 10/02/2025.

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Piedmont Realty Trust (NYSE: PDM) has filed a $250 million at-the-market (ATM) equity program via a 424(b)(5) prospectus supplement. J.P. Morgan, Morgan Stanley, BofA Securities, TD Securities, Truist and Wells Fargo act as Managers; their affiliated entities may also serve as Forward Purchasers/Sellers. Shares may be issued (i) directly through the Managers, or (ii) via forward sale agreements under which the Forward Purchasers borrow and sell shares, with Piedmont settling later. Commissions are up to 2.0 % of gross sales price.

Net proceeds from primary sales will be contributed to the operating partnership and used for working capital, cap-ex, acquisitions, redevelopment and/or repayment of existing debt—notably the $600 mm unsecured 2022 revolver (drawn $151 mm, matures 2028) and the $325 mm unsecured 2024 term loan (matures 2027, 5.48 % fixed). Piedmont will not initially receive cash from forward-hedge share sales; cash is realized only upon physical settlement, which the company “expects” to pursue, though cash or net-share settlement is optional.

Key risks highlighted include potential dilution, market pressure from share issuances, obligation to deliver shares or cash under accelerated or cash-settled forward agreements, and conflicts of interest because several Managers are also credit facility lenders. Ownership of common shares remains capped at 9.8 % to maintain REIT status.

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FAQ

What is the current stock price of Piedmont Realty Trust (PDM)?

The current stock price of Piedmont Realty Trust (PDM) is $8.49 as of January 8, 2026.

What is the market cap of Piedmont Realty Trust (PDM)?

The market cap of Piedmont Realty Trust (PDM) is approximately 1.0B.
Piedmont Realty Trust, Inc

NYSE:PDM

PDM Rankings

PDM Stock Data

1.03B
122.85M
1.27%
94.16%
2.76%
REIT - Office
Operators of Nonresidential Buildings
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United States
ATLANTA