[SCHEDULE 13G/A] Piedmont Realty Trust, Inc. Amended Passive Investment Disclosure
Cohen & Steers holds 6.47% of Piedmont Office Realty
Cohen & Steers, Inc. and its investment advisory affiliates report beneficial ownership of 8,088,690 shares of Piedmont Office Realty Trust, Inc. common stock, representing 6.47% of the class as of June 30, 2026.
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Cohen & Steers, Inc. and its investment advisory affiliates report beneficial ownership of 8,088,690 shares of Piedmont Office Realty Trust, Inc. common stock, representing 6.47% of the class as of June 30, 2026.
Cohen & Steers Capital Management, Inc. has sole voting power over 4,533,092 shares and sole dispositive power over 8,088,690 shares. The securities are held for the benefit of client accounts, which are entitled to dividends and sale proceeds on the shares held for them.
Key Figures
Beneficial ownership:8,088,690 sharesPercent of class:6.47%Sole voting power:4,533,092 shares+4 more
7 metrics
Beneficial ownership8,088,690 sharesShares of Piedmont Office Realty Trust common stock beneficially owned as of June 30, 2026
Percent of class6.47%Portion of Piedmont Office Realty Trust common stock class beneficially owned
Sole voting power4,533,092 sharesShares over which Cohen & Steers Capital Management, Inc. has sole power to vote
Shared voting power0 sharesShares over which any reporting person has shared power to vote
Sole dispositive power8,088,690 sharesShares over which Cohen & Steers Capital Management, Inc. has sole power to dispose
Shared dispositive power0 sharesShares over which any reporting person has shared power to dispose
Ownership thresholdMore than 5%Ownership reported because it exceeds 5 percent of the class
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Investment Advisers Act, +1 more
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Powerfinancial
"5 | Sole Voting Power 4,533,092.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Powerfinancial
"7 | Sole Dispositive Power 8,088,690.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Investment Advisers Actregulatory
"investment advisors registered under Section 203 of the Investment Advisers Act"
parent holding companyfinancial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Piedmont Office Realty Trust (PDM) does Cohen & Steers own?
Cohen & Steers and its affiliates report beneficial ownership of 6.47% of Piedmont Office Realty Trust’s common stock, totaling 8,088,690 shares as of June 30, 2026.
How many PDM shares does Cohen & Steers have voting power over?
Cohen & Steers Capital Management, Inc. has sole voting power over 4,533,092 Piedmont Office Realty Trust shares and no shared voting power, according to the Schedule 13G/A ownership disclosure.
How many PDM shares can Cohen & Steers dispose of?
Cohen & Steers Capital Management, Inc. has sole dispositive power over 8,088,690 shares of Piedmont Office Realty Trust, with no shared dispositive power, meaning it can direct the disposition of those shares.
Who ultimately benefits from Cohen & Steers’ PDM share holdings?
The client account holders of Cohen & Steers Capital Management, Cohen & Steers UK, Asia, and Ireland benefit, as they have rights to receive dividends and sale proceeds from the Piedmont Office Realty Trust shares held on their behalf.
Which Cohen & Steers entities are included in the PDM Schedule 13G/A filing?
The report covers Cohen & Steers, Inc., Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd, Cohen & Steers Asia Ltd, and Cohen & Steers Ireland Ltd, all tied to the same Piedmont Office Realty Trust stake.
Is Cohen & Steers’ PDM ownership reported as sole or shared voting power?
For Piedmont Office Realty Trust, Cohen & Steers reports sole voting power over 4,533,092 shares and zero shared voting power, indicating voting authority resides with the adviser, not jointly with others.
Cohen & Steers, Inc.
Cohen & Steers Capital Management, Inc.
Cohen & Steers UK Ltd
Cohen & Steers Asia Ltd
Cohen & Steers Ireland Ltd
(b)
Address or principal business office or, if none, residence:
The principal address for Cohen & Steers, Inc.
and Cohen & Steers Capital Management, Inc. is:
1166 Avenue of the Americas, 30th Floor
New York, NY 10036
The principal address for Cohen & Steers UK Ltd. is:
The Burlian, 2nd Floor
3 Dering Street, London W1S 1AA
United Kingdom
The principal address for Cohen & Steers Asia Ltd. is:
3301B, 33rd Floor, The Henderson
2 Murray Road
Central, Hong Kong
The principal address for Cohen & Steers Ireland Ltd. is:
Suite G01
81 Merrion Square South
Dublin 2
D02 NR
(c)
Citizenship:
Cohen & Steers, Inc: Delaware corporation
Cohen & Steers Capital Management, Inc: New York corporation
Cohen & Steers UK Ltd: United Kingdom Private Limited Company
Cohen & Steers Asia Ltd: Asia Private Limited Company
Cohen & Steers Ireland Ltd: Ireland Private Limited Company
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
720190206
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Corporation
Item 4.
Ownership
(a)
Amount beneficially owned:
8,088,690
(b)
Percent of class:
6.47%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
4,533,092
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
8,088,690
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Each of Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd., Cohen & Steers Asia Ltd. and Cohen & Steers Ireland Ltd. holds the securities of the Issuer to which this statement relates for the benefit of their respective
account holders. Such account holders have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the securities of the Issuer that are held on their behalf.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Cohen & Steers, Inc. holds a 100% interest in Cohen & Steers Capital Management, Inc., Cohen & Steers UK Ltd., Cohen & Steers Asia Ltd. (investment advisors registered under Section 203 of the Investment Advisers Act) and Cohen &
Steers Ireland Ltd. (a non-US institution)
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Cohen & Steers, Inc.
Signature:
/s/ Nargis Hilal
Name/Title:
SVP, Global Chief Compliance Officer & Associate General Counsel
Date:
08/14/2026
Cohen & Steers Capital Management, Inc.
Signature:
/s/ Nargis Hilal
Name/Title:
SVP, Global Chief Compliance Officer & Associate General Counsel
