Peakstone director’s shares canceled for $21 cash

Peakstone Realty Trust director Casey R. Wold disposed of his equity position through a merger-related transaction.

Rhea-AI Filing Summary

Peakstone Realty Trust director Casey R. Wold disposed of his equity position through a merger-related transaction. The Form 4 shows 29,415 shares of common stock were reported as a disposition to the issuer at a reference price of $21.00 per share, leaving no shares reported as held afterward.

According to the footnote, these shares and unvested restricted stock units were cancelled at the Company Merger Effective Time and converted into the right to receive cash equal to $21.00 per share under the Merger Agreement described in the company’s proxy statement.

Insider Trade Summary

Disposition: 29,415 shares

Disposition 1 txn

Insider WOLD CASEY R

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock	29,415	$21.00	$618K

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

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

Shares disposed: 29,415 shares Cash conversion price: $21.00 per share Shares after transaction: 0 shares

3 metrics

Shares disposed 29,415 shares Disposition to issuer reported on Form 4

Cash conversion price $21.00 per share Merger-related cash right for cancelled stock and RSUs

Shares after transaction 0 shares Total shares following transaction for Casey R. Wold

Key Terms

restricted stock units, Merger Agreement, Company Merger Effective Time, disposition to issuer

4 terms

restricted stock units financial

"Represents shares of common stock and unvested restricted stock units that were cancelled"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Merger Agreement financial

"in accordance with the terms of the Merger Agreement as defined and disclosed"

A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.

Company Merger Effective Time financial

"converted into the right to receive an amount in cash equal to $21.00 per share at the Company Merger Effective Time"

disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Peakstone Realty Trust (PKST) report for Casey R. Wold?

Peakstone Realty Trust reported that director Casey R. Wold disposed of 29,415 shares of common stock in a transaction coded as a disposition to the issuer. The filing reflects a merger-related cancellation and cash conversion of his equity stake.

At what price were Casey R. Wold’s PKST shares converted in the merger event?

The filing states Wold’s shares and unvested restricted stock units were cancelled and converted into the right to receive $21.00 per share in cash. This occurred at the Company Merger Effective Time under the terms of the Merger Agreement.

How many Peakstone Realty Trust shares does Casey R. Wold hold after this Form 4 transaction?

After the reported disposition, the Form 4 shows Casey R. Wold with zero shares of Peakstone Realty Trust common stock. The transaction reflects cancellation of shares and unvested restricted stock units in exchange for a cash right.

What does the disposition to issuer code mean in Casey R. Wold’s PKST Form 4?

The Form 4 uses transaction code D, described as a disposition to the issuer. In this case, shares and unvested restricted stock units were cancelled and converted into a cash right pursuant to the company’s Merger Agreement at $21.00 per share.

How are unvested restricted stock units treated in the PKST transaction for Casey R. Wold?

The footnote explains that both common stock and unvested restricted stock units were cancelled at the Company Merger Effective Time. They were converted into the right to receive an amount in cash equal to $21.00 per unit under the Merger Agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/06/2026 - 05:24 PM Learn about SEC filing dates

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

X

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^*

WOLD CASEY R

(Last) (First) (Middle)

1520 E. GRAND AVE

(Street)

EL SEGUNDO CALIFORNIA 90245

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/06/2026		D(1)		29,415	D	$21	0	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 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.

	/s/ Javier F. Bitar, attorney-in-fact	05/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)