Piedmont Realty Trust, Inc. (PDM) EVP Valente details stock and deferred unit holdings
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
2 transactions reported
Mixed
2 txns
Insider
Valente Alex
Role
EVP- Co-COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 150,751 shares (Direct);
Common Stock — 54,878 shares (Direct)
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.
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FAQ
What does Alex Valente’s Form 3 show for Piedmont Realty Trust (PDM)?
The filing shows EVP and Co-COO Alex Valente’s initial beneficial ownership in Piedmont Realty Trust. He directly holds 54,878 shares of common stock and 150,751 unvested deferred stock units that convert into common stock or cash, subject to their vesting terms and company election.
How many deferred stock units does Alex Valente hold in PDM and how do they vest?
He holds 150,751 outstanding, unvested deferred stock units as of February 3, 2026. These units vest in tranches, generally over a four-year period in equal annual installments starting on each grant’s anniversary, according to the specific terms of each grant.
What is the special vesting tranche of Alex Valente’s PDM deferred stock units?
One notable tranche of his deferred stock units was granted on October 28, 2024. It covers 99,108 deferred stock units and is scheduled to vest 100% on October 28, 2029, instead of vesting in equal annual installments like his other grants.
What does each deferred stock unit represent for Piedmont Realty Trust (PDM)?
Each deferred stock unit represents a contingent right to receive one share of Piedmont Realty Trust common stock. The units may instead be settled in cash, at the company’s election, when the vesting and settlement conditions specified in the grant terms are satisfied.
Is Alex Valente’s ownership in PDM held directly or indirectly?
Both his common stock and deferred stock unit holdings are reported as directly owned. The Form 3 indicates direct ownership for 54,878 common shares and for 150,751 deferred stock units, with no separate entity or indirect ownership structure disclosed in this filing.