Director Samuel Tang (NYSE: PKST) gets $21 per share in merger

Rhea-AI Filing Summary

Peakstone Realty Trust director Samuel Tang disposed of 22,715 shares of common stock in a transaction with the issuer. The shares, including unvested restricted stock units, were cancelled and converted into the right to receive $21.00 per share in cash at the company merger effective time under the Merger Agreement. Following this cancellation, Tang reported holding no Peakstone common shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Tang Samuel

Role null

Type	Security	Shares	Price	Value
Disposition	Common Stock	22,715	$21.00	$477K

Holdings After Transaction: Common Stock — 0 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares disposed: 22,715 shares Cash per share: $21.00 per share Shares after transaction: 0 shares

3 metrics

Shares disposed 22,715 shares Common stock and unvested RSUs cancelled at merger effective time

Cash per share $21.00 per share Cash right received for each cancelled share/RSU under Merger Agreement

Shares after transaction 0 shares Total Peakstone common shares directly held by Tang after disposition

Key Terms

Disposition to issuer, unvested restricted stock units, Merger Agreement, company merger effective time

4 terms

Disposition to issuer financial

"transaction_code_description: "Disposition to issuer""

unvested restricted stock units financial

"Represents shares of common stock and unvested restricted stock units that were cancelled"

Merger Agreement financial

"at the Company Merger Effective Time in accordance with the terms of the Merger Agreement"

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

company merger effective time financial

"converted into the right to receive an amount in cash equal to $21.00 per share at the Company Merger Effective Time"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tang Samuel

(Last) (First) (Middle)

1520 E. GRAND AVE

(Street)

EL SEGUNDO CALIFORNIA 90245

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Peakstone Realty Trust [ PKST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/06/2026		D(1)		22,715	D	$21	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of common stock and unvested restricted stock units that were cancelled and converted into the right to receive an amount in cash equal to $21.00 per share at the Company Merger Effective Time in accordance with the terms of the Merger Agreement as defined and disclosed in the Company's Proxy Statement filed with the Securities and Exchange Commission on March 16, 2026.

	/s/ Javier F. Bitar, attorney-in-fact	05/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Peakstone Realty Trust (PKST) director Samuel Tang report in this Form 4?

Director Samuel Tang reported a disposition to the issuer of 22,715 Peakstone common shares. These shares, including unvested restricted stock units, were cancelled and converted into a $21.00 per share cash right at the company merger effective time.

How many Peakstone Realty Trust (PKST) shares were affected for Samuel Tang?

Samuel Tang reported that 22,715 shares of Peakstone common stock, including related unvested restricted stock units, were cancelled. These securities were converted into a cash right of $21.00 per share in connection with the company merger effective time.

What price did Samuel Tang receive for his Peakstone (PKST) shares in this transaction?

The filing states that each affected share was converted into the right to receive $21.00 in cash. This applied to the 22,715 Peakstone common shares and unvested restricted stock units cancelled at the company merger effective time under the Merger Agreement.

What is Samuel Tang’s Peakstone (PKST) direct shareholding after this Form 4?

After this transaction, Samuel Tang reported zero shares of Peakstone common stock held directly. The 22,715 shares and unvested restricted stock units were cancelled and exchanged for a $21.00 per share cash entitlement at the merger effective time.

Was Samuel Tang’s Peakstone (PKST) transaction an open-market sale?

No. The Form 4 describes the event as a disposition to the issuer, not an open-market sale. Shares and unvested restricted stock units were cancelled and converted into cash rights at $21.00 per share under the company’s Merger Agreement.