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Peakstone Realty Trust (NYSE: PKST) CEO receives 185,066 RSUs grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Peakstone Realty Trust CEO and President Michael J. Escalante received an award of 185,066 restricted stock units (RSUs) on common stock. The RSUs were granted at a price of $0 per unit and are time-based, with one-third scheduled to vest on each of December 15, 2026, 2027, and 2028, as long as he remains continuously employed with the company, subject to certain accelerated vesting provisions in the award agreement. Following this equity grant and an exempt transfer of certain shares to his spouse in connection with a domestic relations order, he beneficially owned 703,117 common shares in direct form.

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Negative

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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)
01/14/2026
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 01/14/2026 A(1) 185,066 A $0 703,117(2) 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. On January 14, 2026, Issuer awarded Reporting Person 185,066 time-based restricted stock units ("RSUs"), each of which represents a contingent right to receive one of Issuer's common shares. 1/3 of the RSUs will vest equally on each of December 15, 2026, 2027 and 2028, provided that the Reporting Person remains continuously employed by Issuer on such date, subject to certain accelerated vesting provisions as provided in the award agreement for the RSUs.
2. Reflects the exempt transfer of certain common shares to Reporting Person's spouse in connection with a domestic relations order.
/s/ Michael J Escalante 01/16/2026
** 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 PKST report for Michael J. Escalante?

Peakstone Realty Trust reported that CEO and President Michael J. Escalante was awarded 185,066 time-based restricted stock units (RSUs) on its common shares at a grant price of $0 per unit.

How do the 185,066 RSUs granted to PKST's CEO vest?

The 185,066 RSUs granted to PKST's CEO are scheduled so that one-third vests on each of December 15, 2026, 2027 and 2028, provided he remains continuously employed by the company, with certain accelerated vesting provisions in the award agreement.

How many Peakstone Realty Trust shares does the CEO own after this Form 4 transaction?

After the reported RSU award and related share movements, CEO Michael J. Escalante beneficially owned 703,117 common shares of Peakstone Realty Trust in direct form.

Was there any transfer of PKST shares related to a domestic relations order?

Yes. A footnote explains that the reported holdings reflect an exempt transfer of certain common shares to the reporting person's spouse in connection with a domestic relations order.

Is Michael J. Escalante a director or officer of Peakstone Realty Trust?

Yes. The Form 4 states that Michael J. Escalante is both a Director and an Officer, serving as CEO and President of Peakstone Realty Trust.

Is this PKST Form 4 filed by more than one reporting person?

No. The filing indicates that it is a Form filed by one reporting person, covering transactions for Michael J. Escalante only.
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