Piedmont Realty Trust (PDM) SVP Moon reports stock awards and tax share forfeitures
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Piedmont Realty Trust, Inc. executive Laura P. Moon, SVP–CAO, reported multiple equity compensation events on February 3, 2026. She received 15,433 shares of common stock at $0 under the performance share component of the 2023–2025 long-term incentive plan, then forfeited 7,632 shares at $8.39 to the company to cover tax withholding.
On the same date, 3,521 deferred stock units vested and were settled into common stock at $0, and 1,755 of those shares were also delivered back to the company at $8.39 for taxes. After these transactions, Moon directly beneficially owned 74,146 shares of Piedmont common stock and 129,581 deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,521 shares exercised/converted
Mixed
5 txns
Insider
Moon Laura P
Role
SVP- CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,521 | $0.00 | -- |
| Grant/Award | Common Stock | 15,433 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,632 | $8.39 | $64K |
| Exercise | Common Stock | 3,521 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,755 | $8.39 | $15K |
Holdings After Transaction:
Restricted Stock Units — 129,581 shares (Direct);
Common Stock — 80,012 shares (Direct)
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 (15,433 shares) pursuant to the performance share component of the 2023-2025 Long Term Incentive Compensation plan on February 3, 2026 (mentioned above), 7,632 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 14,085 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 (3,521 shares) and were settled in PDM common stock. In connection with this vesting, 1,755 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
FAQ
What insider transactions did Laura P. Moon report for PDM on February 3, 2026?
Laura P. Moon reported vesting of 15,433 performance-based common shares and 3,521 deferred stock units. To satisfy tax withholding, 7,632 and 1,755 shares, respectively, were delivered back to Piedmont Realty Trust, reflecting routine equity compensation activity rather than an open-market stock sale.
What equity awards vested for PDM executive Laura P. Moon under the 2023-2025 incentive plan?
15,433 unrestricted common shares vested for Laura P. Moon under the performance share component of the 2023–2025 Long Term Incentive Compensation plan. These shares were granted without restriction, and a portion of them was subsequently delivered back to the company to cover associated tax withholding obligations.
What are the deferred stock units reported by Laura P. Moon in the PDM Form 4?
Each deferred stock unit represents a contingent right to receive one share of Piedmont Realty Trust common stock. Deferred stock units may be settled in cash or common stock at the company’s election, and 3,521 of these units vested and were settled in common stock on February 3, 2026.
How many deferred stock units does Laura P. Moon hold after the PDM Form 4 transactions?
Following the vesting and settlement of 3,521 deferred stock units into common shares, Laura P. Moon beneficially owned 129,581 deferred stock units. These units vest over time under prior award agreements and can ultimately be settled in cash or common stock at the company’s election.