[Form 4] Piedmont Realty Trust, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Piedmont Realty Trust EVP of Investments Christopher A. Kollme reported multiple equity-related transactions on February 3, 2026. He received 34,724 shares of common stock granted without restriction under the 2023–2025 long-term incentive performance share plan, bringing his direct holding at that point to 127,920 shares.
To cover tax withholding on this vesting, 15,395 shares were forfeited and delivered to the company at a value of $8.39 per share, reducing his common stock holdings to 112,525 shares. Separately, 4,695 deferred stock units were converted into common stock at a $0 exercise price, with 2,247 of the resulting shares also forfeited for taxes at $8.39 per share, leaving him with 114,973 common shares and 43,681 remaining restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,695 | $0.00 | -- |
| Grant/Award | Common Stock | 34,724 | $0.00 | -- |
| Tax Withholding | Common Stock | 15,395 | $8.39 | $129K |
| Exercise | Common Stock | 4,695 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,247 | $8.39 | $19K |
Footnotes (1)
- Such shares were granted without restriction pursuant to the performance share component of the 2023-2025 Long Term Incentive Compensation plan. In connection with the vesting of the unrestricted stock award (34,724 shares) pursuant to the performance share component of the 2023-2025 Long Term Incentive Compensation plan on February 3, 2026 (mentioned above), 15,395 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations. 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 3, 2025, the reporting person was granted 18,779 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 3, 2026, the initial 25% of the grant vested (4,695 shares) and were settled in PDM common stock. In connection with this vesting, 2,247 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.