Peakstone Realty Trust (NYSE: PKST) CEO receives 185,066 RSUs grant
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ESCALANTE MICHAEL J
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 185,066 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 703,117 shares (Direct)
Footnotes (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. Reflects the exempt transfer of certain common shares to Reporting Person's spouse in connection with a domestic relations order.
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.
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.