Piedmont Realty (NYSE: PDM) SVP logs 14,634-unit grant and tax share withholding

Q: How many deferred or restricted stock units did PDM grant to Laura P. Moon?

Laura P. Moon was granted 14,634 deferred stock units. These units vest in four equal annual installments starting on the first anniversary of the February 17, 2026 grant date, representing ongoing long-term equity-based compensation from Piedmont Realty Trust.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Piedmont Realty Trust SVP-CAO Laura P. Moon reported equity compensation activity. On February 17, 2026, she was granted 14,634 deferred stock units, vesting in four equal annual installments beginning on the anniversary of the grant date.

The filing also shows that on February 13, 2026, 2,606 restricted stock units from a 2023 grant vested and were settled in common stock, with 1,161 shares of common stock delivered back to Piedmont at $8.25 per share to satisfy tax withholding obligations.

Insider Trade Summary

2,606 shares exercised/converted

Mixed 4 txns

Insider Moon Laura P

Role SVP- CAO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	14,634	$0.00	--
Exercise	Restricted Stock Units	2,606	$0.00	--
Exercise	Common Stock	2,606	$0.00	--
Tax Withholding	Common Stock	1,161	$8.25	$10K

Holdings After Transaction: Restricted Stock Units — 141,609 shares (Direct); Common Stock — 76,752 shares (Direct)

Footnotes (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. On February 13, 2023, the reporting person was granted 10,427 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 13, 2026, the final 25% of the grant vested (2,606 shares), and were settled in PDM common stock. In connection with this vesting, 1,161 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. On February 17, 2026, the reporting person was granted 14,634 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date.

Form 4 Insider Transactions: What Each Field Means →

02/18/2026 - 04:26 PM

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^*

Moon Laura P

(Last)

(First)

(Middle)

5565 GLENRIDGE CONNECTOR

STE. 450

(Street)

ATLANTA

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)
	SVP- CAO

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/13/2026		M		2,606	A	⁽¹⁾⁽²⁾	76,752	D
Common Stock	02/13/2026		F		1,161⁽²⁾	D	$8.25	75,591	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0⁽¹⁾	02/13/2026		M			2,606	⁽²⁾	⁽²⁾	Common Stock	2,606	$0	126,975	D
Restricted Stock Units	$0⁽¹⁾	02/17/2026		A		14,634		⁽³⁾	⁽³⁾	Common Stock	14,634	$0	141,609	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 13, 2023, the reporting person was granted 10,427 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 13, 2026, the final 25% of the grant vested (2,606 shares), and were settled in PDM common stock. In connection with this vesting, 1,161 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.

3. On February 17, 2026, the reporting person was granted 14,634 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 Laura P. Moon	02/18/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did PDM executive Laura P. Moon report on this Form 4?

Laura P. Moon reported equity awards and related share movements. She received 14,634 deferred stock units, saw 2,606 restricted stock units vest into common stock, and had 1,161 common shares withheld to cover tax obligations at $8.25 per share.

How many deferred or restricted stock units did PDM grant to Laura P. Moon?

Laura P. Moon was granted 14,634 deferred stock units. These units vest in four equal annual installments starting on the first anniversary of the February 17, 2026 grant date, representing ongoing long-term equity-based compensation from Piedmont Realty Trust.

What happened to the 2023 restricted stock unit grant reported by PDM for Moon?

A 2023 restricted stock unit grant partially vested in 2026. From a 10,427-unit award granted February 13, 2023, the final 25% (2,606 units) vested on February 13, 2026 and were settled in Piedmont Realty Trust common stock.

Why were 1,161 shares of PDM common stock forfeited in this Form 4 filing?

1,161 common shares were withheld to satisfy tax obligations. When 2,606 restricted stock units vested on February 13, 2026, 1,161 shares were delivered back to Piedmont Realty Trust to cover the employee’s tax withholding liability at $8.25 per share.

Does this PDM Form 4 show open-market buying or selling by Laura P. Moon?

The transactions reflect equity awards and tax withholding, not open-market trades. The filing details grants of deferred stock units, vesting of restricted stock units into common shares, and shares withheld to pay taxes instead of discretionary market purchases or sales.

How do PDM deferred stock units reported here settle for Laura P. Moon?

Each deferred stock unit represents a right to one PDM share. According to the disclosure, deferred stock units may be settled in either cash or Piedmont Realty Trust common stock, at the company’s election, providing flexibility in how the award is ultimately delivered.