Welcome to our dedicated page for Piedmont Realty Trust SEC filings (Ticker: PDM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Piedmont Realty Trust filings document the formal disclosure record of a Maryland REIT with common stock listed on the New York Stock Exchange under PDM. Its 8-K reports furnish earnings releases and supplemental operating information for quarterly and annual results, including portfolio and diversification materials and related risk notices.
The filing record also covers proxy governance for annual stockholder meetings, executive appointments and compensation arrangements, and financing activity through Piedmont Operating Partnership, LP. Debt-related filings describe senior notes, guarantees by the company, covenant provisions, tender offer communications, revolving credit facilities, term loans and amendments to SOFR-based interest terms.
Taysom Dale H. reported acquisition or exercise transactions in this Form 4 filing.
Piedmont Realty Trust director Dale H. Taysom reported routine equity compensation activity. On May 12, 2026, 15,217 previously granted restricted stock units vested at the 2026 Annual Meeting of Stockholders and were settled in common stock, bringing his directly held common shares to 97,371.788. On the same date, he received a new grant of 12,883 restricted stock units that each represent a contingent right to one share of common stock and will vest at the earlier of the 2027 Annual Meeting of Stockholders or the anniversary of the grant date in May 2027.
Piedmont Realty Trust director Barrett Kelly Hefner reported equity compensation changes involving common stock and restricted stock units. On May 12, 2026, Hefner exercised 15,217 restricted stock units into 15,217 shares of common stock, increasing direct common stock holdings to 97,426 shares.
On the same date, Hefner received a new grant of 12,883 restricted stock units, each representing a contingent right to one share of common stock. These units will vest at the earlier of the 2027 Annual Meeting of Stockholders or the anniversary of the grant date in May 2027.
Piedmont Realty Trust, Inc. reported results from its 2026 annual stockholders meeting, including approval of an updated long-term incentive plan. Stockholders approved the Third Amended and Restated Omnibus Incentive Plan, which increases the shares of common stock available for equity awards by 5,000,000, from 13,666,667 to 18,666,667. They also elected nine directors to one-year terms expiring in 2027, with each nominee receiving over 92 million votes in favor. Stockholders ratified Deloitte & Touche LLP as independent registered public accountants for the fiscal year ending December 31, 2026, and approved on an advisory basis the compensation of named executive officers.
Piedmont Realty Trust reported first-quarter 2026 results showing stronger property performance but a wider accounting loss. Revenue was $143.3 million, up slightly from $142.7 million a year ago. Net loss was $12.9 million, or $0.10 per share, compared with a $10.1 million loss, mainly due to higher depreciation from recent capital projects.
NAREIT FFO and Core FFO were both $46.0 million, or $0.36 per diluted share, unchanged from first-quarter 2025. Same-store cash NOI rose 11.1%, reflecting rent commencements and abatements burning off, while accrual same-store NOI increased 1.9%. The company executed 431,000 square feet of leasing, including 293,000 square feet with new tenants, with cash rents on recently vacant space rising 11.1% and accrual rents 17.8%.
As of March 31, 2026, the in-service portfolio was 89.3% leased, with economic leased percentage at 81.9%. Total debt principal was $2.27 billion at a 5.51% weighted average interest rate, and there are no maturities until 2028. Management increased and narrowed its 2026 outlook, guiding to NAREIT and Core FFO of $189–$196 million, or $1.49–$1.54 per diluted share, up from $186–$194 million, or $1.47–$1.53.
Piedmont Realty Trust reported a net loss applicable to common stockholders of $12.9 million, or $(0.10) per share, for the three months ended March 31, 2026, compared with a $10.1 million loss, or $(0.08) per share, a year earlier. Total revenues were broadly stable at $143.3 million versus $142.7 million, as modest rent roll-ups and new leases offset prior-year dispositions.
Same Store NOI rose 11.1% on a cash basis and 1.9% on an accrual basis, helped by newly commenced leases and expiring abatements. The in-service portfolio comprised about 14.9 million square feet and was 89.3% leased at March 31, 2026.
Piedmont ended the quarter with total debt of about $2.25 billion at a weighted-average interest rate of 5.51%, including $74 million drawn on its $600 million unsecured credit line, leaving $526 million of borrowing capacity. Management highlighted no required debt maturities until 2028 and stated it believes current liquidity is sufficient to meet foreseeable obligations.
Piedmont Realty Trust Inc Schedule 13G reporting: Vanguard Capital Management reports beneficial ownership of 6,649,513 shares, representing 5.31% of the outstanding Common Stock as of the filing. Vanguard declares sole dispositive power over 6,649,513 shares and sole voting power over 1,000,640 shares. The filing is signed on 04/30/2026.
Piedmont Realty Trust Inc Schedule 13G/A amendment: The Vanguard Group reports beneficial ownership of 0 shares of Common Stock, representing 0% of the class. The filing notes an internal realignment effective January 12, 2026 that caused disaggregation of certain Vanguard subsidiaries and business divisions. The amendment is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.
Piedmont Realty Trust, Inc. is asking stockholders to vote at its virtual 2026 annual meeting on May 12, 2026. The agenda includes electing nine directors for one-year terms, ratifying Deloitte & Touche LLP as auditor for 2026, and an advisory vote on 2025 executive pay.
Stockholders are also asked to approve the Third Amended and Restated Omnibus Incentive Plan, which would add 5,000,000 shares of common stock to the plan, increasing the reserve from 13,666,667 to 18,666,667 shares. The board, which is majority independent with a separate Chair and CEO, recommends voting FOR all four proposals.
Piedmont Realty Trust EVP and Co-COO George M. Wells reported equity compensation activity tied to previously granted deferred stock units. On February 23, 2026, 5,280 units vested and were settled into an equal number of common shares at no cost, while 2,352 common shares were withheld and delivered to Piedmont to satisfy tax obligations. Following these transactions, he directly holds 158,632 shares of common stock and 89,265 restricted stock units.
Piedmont Realty Trust, Inc. executive Alex Valente, EVP and Co-COO, reported equity compensation activity involving restricted stock units and common shares. On February 23, 2026, 3,696 restricted stock units were exercised and converted into 3,696 shares of common stock at a price of $0.00 per share. In connection with this vesting, 1,647 common shares were disposed of at $7.62 per share to cover tax withholding obligations, as described in the footnotes. After these transactions, Valente directly held 83,232 shares of common stock and 152,984 restricted stock units.