Piedmont Realty Trust EVP Valente reports equity holdings
Piedmont Realty Trust, Inc. executive Alex Valente, EVP and Co-COO, reported his beneficial holdings in the company’s equity.
Rhea-AI Filing Summary
Piedmont Realty Trust, Inc. executive Alex Valente, EVP and Co-COO, reported his beneficial holdings in the company’s equity. He directly owns 54,878 shares of common stock.
He also holds 150,751 unvested deferred stock units, each representing a contingent right to receive one share of common stock or cash at the company’s election. These units generally vest over four years in equal annual installments from each grant date. One tranche of 99,108 deferred stock units granted on October 28, 2024 will vest 100% on October 28, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. As of February 3, 2026, the reporting person has outstanding, unvested grants of 150,751 deferred stock units, representing the entirety of unvested shares as of the date of this report. These deferred stock units will vest in tranches in accordance with the underlying terms under which each tranche was granted, but generally vesting over a four year period in equal, annual installments beginning on the anniversary of the grant date. One tranche granted on October 28, 2024, representing 99,108 deferred stock units, will vest 100% on October 28, 2029.
- F2. Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election.
FAQ
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What does Alex Valente’s Form 3 show for Piedmont Realty Trust (PDM)?
How many deferred stock units does Alex Valente hold in PDM and how do they vest?
What is the special vesting tranche of Alex Valente’s PDM deferred stock units?
What does each deferred stock unit represent for Piedmont Realty Trust (PDM)?
Is Alex Valente’s ownership in PDM held directly or indirectly?
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