Peakstone COO stock cancelled for $21 per share
Peakstone Realty Trust chief operating officer and chief legal officer Nina Momtazee Sitzer reported a disposition to the issuer of 205,815 shares of common stock.
Rhea-AI Filing Summary
Peakstone Realty Trust chief operating officer and chief legal officer Nina Momtazee Sitzer reported a disposition to the issuer of 205,815 shares of common stock. These shares, including unvested restricted stock units, were cancelled and converted into the right to receive $21.00 in cash per share at the company merger effective time under the Merger Agreement. Following this cash-out cancellation, she reported holding zero shares of Peakstone common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 205,815 | $21.00 | $4.32M |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
Disposition to issuer financial
restricted stock units financial
Merger Agreement financial
Merger Effective Time financial
FAQ
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What insider transaction did Peakstone Realty Trust (PKST) report for Nina Momtazee Sitzer?
What does 'disposition to issuer' mean in the Peakstone (PKST) Form 4?
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