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Peakstone Realty Trust (PKST) CEO details RSU-related share withholding

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

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Negative

  • None.
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
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*
ESCALANTE MICHAEL J

(Last) (First) (Middle)
1520 E. GRAND AVE

(Street)
EL SEGUNDO CA 90245

(City) (State) (Zip)
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
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 12/31/2025 F(1) 48,344 D $14.35 520,305 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 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.
/s/ Michael Escalante 01/02/2026
** 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.

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 was the price of the PKST shares withheld for taxes in this Form 4?

The common shares of Peakstone Realty Trust withheld for taxes were valued at $14.35 per share in the reported transaction dated December 31, 2025.

How many Peakstone Realty Trust (PKST) shares does the CEO own after this transaction?

Following the reported tax withholding transaction, CEO and President Michael Escalante beneficially owns 520,305 Peakstone Realty Trust common shares directly.

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.

Peakstone Realty

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United States
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