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.
The Piedmont Realty Trust, Inc. (NYSE: PDM) SEC filings page on Stock Titan brings together the company’s regulatory disclosures, giving investors direct access to official documents filed with the U.S. Securities and Exchange Commission. Piedmont is a fully integrated, self-managed real estate investment company that owns, manages, develops and operates a portfolio of Class A office properties, primarily in major U.S. Sunbelt markets.
Through its operating partnership, Piedmont Operating Partnership, LP, the company files current reports on Form 8-K to document material events such as senior note offerings, amendments to revolving credit and term loan agreements, tender offers for outstanding notes, shelf registration statements on Form S-3 and updates to its equity distribution program. These filings describe key terms, covenants, use of proceeds and counterparties involved in Piedmont’s capital markets and financing activities.
On this page, users can review filings that detail the issuance of 5.625% senior notes due 2033, tender offer activity for 9.250% senior notes due 2028, amendments to SOFR-based interest terms in credit facilities, and earnings releases furnished under Form 8-K for quarterly results. The filings also confirm that Piedmont’s common stock is registered on the New York Stock Exchange under the symbol PDM and outline the structure of its operating partnership.
Stock Titan enhances these filings with AI-powered summaries that help explain complex indenture provisions, covenant packages and financing structures in plain language. Real-time updates from EDGAR, along with organized access to current reports, registration statements and other disclosures, allow users to quickly locate information on Piedmont’s debt obligations, equity programs and significant corporate events without reading every page of each filing.
Piedmont Realty Trust, Inc. reported a 2025 net loss of $83.6M, or $0.67 per share, while generating NAREIT FFO of $139.9M and Core FFO of $177.7M, or $1.41 per diluted share. Fourth-quarter net loss was $43.2M, including a $29.8M loss on early extinguishment of debt.
The company completed about 2.5M square feet of 2025 leasing, its highest annual volume since 2015, lifting the in-service leased percentage to 89.6%. Same-store NOI rose modestly for the year, with mixed quarterly trends on cash and accrual bases.
Piedmont refinanced its capital structure by issuing $400M of 5.625% senior notes due 2033 and repurchasing $245.2M of 9.25% notes due 2028, leaving no debt maturities until 2028 and total debt of $2.25B. For 2026, management guides to NAREIT and Core FFO of $186M–$194M, or $1.47–$1.53 per diluted share, assuming 1.7–2.0M square feet of leasing and 3–6% Same Store NOI growth.
Piedmont Realty Trust EVP and Co-COO George M. Wells reported several equity compensation events on February 3, 2026. He received 46,299 shares of common stock without restriction under the 2023-2025 long-term incentive performance share plan, with 20,988 shares delivered back to the company to cover tax withholding.
Separately, 8,803 deferred stock units from a 2025 grant vested and were settled in common stock, and 4,388 of those shares were likewise delivered to the company for taxes. Following these transactions, Wells directly held 146,861 shares of common stock and 73,906 deferred stock units.
Piedmont Realty Trust executive Alex Valente reported multiple equity compensation events on February 3, 2026. He received 32,409 shares of common stock at $0 under the 2023-2025 long-term incentive performance plan, then had 15,054 shares withheld and delivered to the company at $8.39 per share to cover taxes.
Separately, 5,135 deferred stock units vested and were settled in common stock at an effective price of $0, with 2,560 of those shares withheld at $8.39 per share for tax obligations. After these transactions, he directly held 74,808 shares of common stock and 145,616 deferred stock units.
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.
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.
Piedmont Realty Trust EVP-CFO Sherry L. Rexroad reported the vesting and settlement of equity compensation. On February 3, 2026, 11,150 restricted stock units were converted into the same number of Piedmont common shares at an exercise price of $0 per share.
These units were part of a grant of 44,601 deferred stock units awarded on February 3, 2025, vesting in four equal annual installments. The filing shows Rexroad directly owning 43,151 shares of common stock and 78,906 restricted stock units following the transactions.
Piedmont Realty Trust President & CEO Christopher Brent Smith reported multiple equity compensation events on February 3, 2026. He received 296,313 shares of common stock granted without restriction under the 2023–2025 long-term incentive performance share plan, and 39,906 shares of common stock upon vesting and settlement of deferred stock units.
To satisfy tax withholding obligations tied to these vestings, he forfeited and delivered to the company 131,978 shares and 18,410 shares of common stock at $8.39 per share. After these transactions, he directly owned 626,323 shares of Piedmont common stock and held 380,703 restricted stock units.
Vanguard Portfolio Management LLC has filed a Schedule 13G reporting a passive ownership stake in Piedmont Realty Trust Inc. (PDM) common stock. It reports beneficial ownership of 12,582,948 shares, representing 10.1% of the outstanding common stock.
Vanguard Portfolio Management has no sole voting or dispositive power, but reports shared voting power over 48,627 shares and shared dispositive power over 12,582,948 shares. The filing explains that, following an internal realignment at The Vanguard Group, Inc., portfolio management and proxy voting responsibilities are now carried out by Vanguard Portfolio Management LLC and certain affiliates, which are reporting beneficial ownership on a disaggregated basis.
The securities are held in the ordinary course of business, including through Vanguard funds and other managed accounts, and are not held for the purpose of changing or influencing control of Piedmont Realty Trust.
Piedmont Realty Trust, Inc. executive Alex Valente, EVP and Co-COO, reported his beneficial holdings in the company’s equity. He directly owns 54,878 shares of common stock.
He also holds 150,751 unvested deferred stock units, each representing a contingent right to receive one share of common stock or cash at the company’s election. These units generally vest over four years in equal annual installments from each grant date. One tranche of 99,108 deferred stock units granted on October 28, 2024 will vest 100% on October 28, 2029.
Piedmont Realty Trust, Inc. reported that its Board of Directors appointed Alex Valente, age 40, as Executive Vice President and Co-Chief Operating Officer effective February 3, 2026. Valente has been with the company for nearly 20 years, overseeing leasing, asset management, construction, and redevelopment across many properties.
Since 2019, he has served as Executive Vice President for the Southeast Region and has negotiated leases with some of Piedmont’s largest tenants. The company states there is no family relationship between Valente and any directors or other executive officers. He participates in Piedmont’s Executive Severance Plan as described in its March 21, 2025 annual proxy statement.