Piedmont Realty Trust (PDM) CFO awarded 46,341 deferred stock units in Form 4

Rhea-AI Filing Summary

REXROAD SHERRY L reported acquisition or exercise transactions in this Form 4 filing.

Piedmont Realty Trust EVP-CFO Sherry L. Rexroad received an equity award of 46,341 deferred stock units. The grant was made on February 17, 2026, as a form of restricted stock unit compensation. These units vest in four equal annual installments starting on the first anniversary of the grant date.

Each deferred stock unit represents a contingent right to receive one share of Piedmont Realty Trust common stock and may be settled in cash or stock at the company’s election. Following this award, Rexroad directly holds a total of 125,247 deferred stock units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

REXROAD SHERRY L

(Last) (First) (Middle)

5565 GLENRIDGE CONNECTOR

STE. 450

(Street)

ATLANTA GA 30342

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Piedmont Realty Trust, Inc. [ PDM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP-CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/17/2026		A		46,341		(2)	(2)	Common Stock	46,341	$0	125,247	D

Explanation of Responses:

1. 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.

2. On February 17, 2026, the reporting person was granted 46,341 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date.

Remarks:

	/s/ M. Wade Grace III as Attorney-in-Fact for Sherry L. Rexroad	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Piedmont Realty Trust (PDM) report for Sherry L. Rexroad?

Piedmont Realty Trust reported that EVP-CFO Sherry L. Rexroad received a grant of 46,341 deferred stock units. The award was made on February 17, 2026, as equity-based compensation, rather than an open-market purchase, and increases her directly held deferred stock unit balance.

How many deferred stock units did PDM’s EVP-CFO receive and how do they vest?

Sherry L. Rexroad received 46,341 deferred stock units from Piedmont Realty Trust. These units vest in four equal, annual installments beginning on the first anniversary of the February 17, 2026 grant date, creating a multi-year vesting schedule tied to her continued service with the company.

What are the key terms of the deferred stock units granted by Piedmont Realty Trust (PDM)?

Each deferred stock unit represents a contingent right to receive one share of Piedmont Realty Trust common stock. The company may settle these units in either cash or common stock at its election, giving flexibility in how the award is ultimately delivered to the executive.

How many deferred stock units does Sherry L. Rexroad hold after this Form 4 transaction?

After the February 17, 2026 grant, Sherry L. Rexroad directly holds 125,247 deferred stock units. This total includes the newly granted 46,341 units and reflects her cumulative, directly owned equity-based awards reported in the Form 4 insider ownership disclosure.

Was the Piedmont Realty Trust (PDM) transaction a stock purchase or a compensation award?

The reported transaction was a compensation award, not an open-market stock purchase. Form 4 shows code “A,” meaning a grant, award, or other acquisition, describing the 46,341 deferred stock units granted to EVP-CFO Sherry L. Rexroad on February 17, 2026.

Who is the reporting insider in Piedmont Realty Trust’s (PDM) latest Form 4 filing and what is their role?

The reporting insider is Sherry L. Rexroad, who serves as Executive Vice President and Chief Financial Officer of Piedmont Realty Trust. The Form 4 details her acquisition of deferred stock units as part of her equity-based compensation from the company.