Peakstone Realty Trust (PKST) CEO details RSU-related share withholding
Rhea-AI Filing Summary
Peakstone Realty Trust CEO and President Michael Escalante reported an insider transaction involving company common stock. On December 31, 2025, 48,344 common shares were withheld by the company at a price of $14.35 per share to cover tax withholding obligations tied to the vesting and delivery of previously granted time-based restricted share units. These units, totaling 89,775 underlying shares, were originally granted on March 23, 2023 and April 1, 2024. After this tax-related share withholding, Escalante beneficially owns 520,305 common shares directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 48,344 | $14.35 | $694K |
Footnotes (1)
- F1. Represents common shares withheld by Issuer to satisfy tax withholding obligations in connection with the delivery, on December 31, 2025, of common shares underlying 89,775 previously reported, time-based restricted share units granted to Reporting Person on March 23, 2023 and April 1, 2024.
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FAQ
What insider transaction did Peakstone Realty Trust (PKST) report?
The CEO and President, Michael Escalante, reported a transaction where 48,344 Peakstone Realty Trust common shares were withheld to satisfy tax withholding obligations related to vesting restricted share units.
What equity awards were involved in this PKST Form 4 filing?
The transaction relates to the delivery of common shares underlying 89,775 previously reported, time-based restricted share units granted to Michael Escalante on March 23, 2023 and April 1, 2024.
Was the Peakstone Realty Trust (PKST) Form 4 transaction a sale on the open market?
No. The Form 4 states that the 48,344 common shares represent stock withheld by the issuer to satisfy tax withholding obligations in connection with the delivery of vested restricted share units.