Piedmont Realty Trust (PDM) director logs RSU vesting into shares and new 12,883-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Taysom Dale H. reported acquisition or exercise transactions in this Form 4 filing.
Piedmont Realty Trust director Dale H. Taysom reported routine equity compensation activity. On May 12, 2026, 15,217 previously granted restricted stock units vested at the 2026 Annual Meeting of Stockholders and were settled in common stock, bringing his directly held common shares to 97,371.788. On the same date, he received a new grant of 12,883 restricted stock units that each represent a contingent right to one share of common stock and will vest at the earlier of the 2027 Annual Meeting of Stockholders or the anniversary of the grant date in May 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,217 shares exercised/converted
Mixed
3 txns
Insider
Taysom Dale H.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,217 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 12,883 | $0.00 | -- |
| Exercise | Common Stock | 15,217 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 97,371.788 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of PDM common stock. Restricted stock units may be settled in cash or common stock at PDM's election. On May 15, 2025, at the 2025 Annual Meeting of Stockholders of Piedmont Realty Trust, Inc., the reporting person was granted 15,217 restricted stock units, which vested at the 2026 Annual Meeting of Stockholders on May 12, 2026, and was settled in PDM common stock. On May 12, 2026, at the 2026 Annual Meeting of Stockholders of Piedmont Realty Trust, Inc., the reporting person was granted 12,883 restricted stock units, which will vest on the earlier of the 2027 Annual Meeting of Stockholders, or the anniversary of the grant date in May 2027.
Key Figures
RSUs vested and settled: 15,217 units
New RSU grant: 12,883 units
Common shares held after transactions: 97,371.788 shares
+2 more
5 metrics
RSUs vested and settled
15,217 units
Granted May 15, 2025; vested and settled into common stock on May 12, 2026
New RSU grant
12,883 units
Granted May 12, 2026; each unit tied to one common share
Common shares held after transactions
97,371.788 shares
Direct holdings of Dale H. Taysom after May 12, 2026 transactions
Derivative exercises
15,217 shares
Exercise or conversion of derivative security (RSUs) into common stock
Transaction date
May 12, 2026
Date of RSU vesting, settlement, and new RSU grant
Key Terms
Restricted Stock Units, Annual Meeting of Stockholders, contingent right, settled in PDM common stock
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of PDM common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Annual Meeting of Stockholders financial
"vested at the 2026 Annual Meeting of Stockholders on May 12, 2026"
contingent right financial
"represents a contingent right to receive one share of PDM common stock"
settled in PDM common stock financial
"was settled in PDM common stock"
FAQ
What insider transactions did PDM director Dale H. Taysom report on May 12, 2026?
Dale H. Taysom reported equity compensation transactions, not open-market trades. 15,217 restricted stock units vested and were settled in Piedmont Realty Trust common stock, and he received a new grant of 12,883 restricted stock units on the same date.
What restricted stock unit grant did PDM director Dale H. Taysom receive in May 2026?
On May 12, 2026, Dale H. Taysom received a grant of 12,883 restricted stock units. Each unit represents a contingent right to receive one share of Piedmont Realty Trust common stock, at the company’s election in cash or stock upon settlement.
When will Dale H. Taysom’s new 12,883 PDM restricted stock units vest?
The 12,883 restricted stock units granted on May 12, 2026 will vest on the earlier of the 2027 Annual Meeting of Stockholders or the anniversary of the grant date in May 2027, according to the Form 4 footnote disclosure.
What happened to the 15,217 PDM restricted stock units granted to Dale H. Taysom in 2025?
The 15,217 restricted stock units granted on May 15, 2025 vested at the 2026 Annual Meeting of Stockholders on May 12, 2026. They were settled in Piedmont Realty Trust common stock, increasing Dale H. Taysom’s directly held common shares.
Do Dale H. Taysom’s PDM restricted stock units always settle in common stock?
Each restricted stock unit represents a contingent right to receive one share of Piedmont Realty Trust common stock. The units may be settled in cash or common stock at the company’s election, as described in the Form 4 footnote.