Piedmont Realty Trust CFO receives 15,152 shares

The RSUs came from a 60,606-unit award granted October 1, 2024, with vesting in four equal annual installments.

Rhea-AI Filing Summary

Piedmont Realty Trust, Inc. (PDM) reported that EVP-CFO Sherry L. Rexroad had 15,152 restricted stock units vest and settle in common stock on October 1, 2026. In connection with vesting, 4,446 shares were forfeited and delivered to PDM for tax withholding; that transaction lists a per-share price of $8.81. Her reported post-transaction position was 110,095 restricted stock units.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider REXROAD SHERRY L

Role EVP-CFO

Sold 4,446 shs ($39K)

Approx. gross sale proceeds $39K

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F2	15,152	$0.00	$0.00
Exercise	Common Stock F1, F2	15,152	--	--
Sale	Common Stock F3	4,446	$8.81	$39K

Holdings After Transaction: Restricted Stock Units — 110,095 contracts (Direct); Common Stock — 53,857 shares (Direct)

Footnotes (3)

1. F1. 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.
2. F2. On October 1, 2024, the reporting person was granted 60,606 restricted stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On October 1, 2026, the second 25% of the grant vested (15,152 shares) and was settled in PDM common stock.
3. F3. In connection with this vesting, 4,446 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.

Key Figures

Restricted stock units vested: 15,152 shares Shares delivered for tax withholding: 4,446 shares Reported per-share price: $8.81 per share +2 more

5 metrics

Restricted stock units vested 15,152 shares Settled in PDM common stock on October 1, 2026

Shares delivered for tax withholding 4,446 shares In connection with the October 1, 2026 vesting

Reported per-share price $8.81 per share The 4,446-share transaction on October 1, 2026

Restricted stock units following transaction 110,095 restricted stock units Reported after the October 1, 2026 transaction

Restricted stock units granted 60,606 restricted stock units Granted October 1, 2024, vesting in four equal annual installments

Key Terms

restricted stock units, annual installments, tax withholding obligations

3 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 installments financial

"vesting in four equal, annual installments beginning on the anniversary of the grant date"

tax withholding obligations financial

"delivered to PDM to satisfy tax withholding obligations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did PDM CFO Sherry L. Rexroad vest?

15,152 restricted stock units vested and were settled in PDM common stock on October 1, 2026.

What price was reported for Sherry L. Rexroad's 4,446-share PDM transaction?

The transaction lists a per-share price of $8.81. The footnote says the 4,446 shares were forfeited and delivered to PDM to satisfy tax withholding obligations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/02/2026 - 04:35 PM Accepted by SEC EDGAR 10/02/2026 - 04:35 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 GEORGIA 30342

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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

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

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

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
Common Stock	10/01/2026		M		15,152	A	(1)(2)	58,303	D
Common Stock	10/01/2026		S		4,446(3)	D	$8.81	53,857	D

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)	10/01/2026		M			15,152	(2)	(2)	Common Stock	15,152	$0	110,095	D

Explanation of Responses:

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.

2. On October 1, 2024, the reporting person was granted 60,606 restricted stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On October 1, 2026, the second 25% of the grant vested (15,152 shares) and was settled in PDM common stock.

3. In connection with this vesting, 4,446 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.

Remarks:

	/s/ M. Wade Grace III as Attorney-in-Fact for Sherry L. Rexroad	10/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)