Peakstone Realty Trust (PKST) CEO files Form 4 for 28,133-share award

Rhea-AI Filing Summary

Peakstone Realty Trust CEO and President Michael Escalante, who also serves as a director, reported an insider stock transaction dated 12/09/2025. He acquired 28,133 shares of common stock in a transaction coded “J,” bringing his directly held beneficial ownership to 607,601 shares.

According to the notes, the shares represent common stock distributed by Griffin Capital, LLC in settlement of awards granted to Escalante before December 2018 under its long‑term incentive plan. A separate note explains that the disclosure also reflects an exempt transfer of certain directly held shares to Escalante’s spouse under a domestic relations order, and no longer reports shares held indirectly through the spouse.

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

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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)
12/09/2025

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	12/09/2025		J(1)		28,133	A	(1)	607,601(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. Represents common shares distributed by Griffin Capital, LLC ("GC LLC") in settlement of certain awards made to Reporting Person prior to December 2018 in connection with Reporting Person's participation in GC LLC's long-term incentive plan.

2. Reflects the exempt transfer of certain directly held shares to Reporting Person's spouse, and no longer reports shares held indirectly through Reporting Person's spouse, in connection with a domestic relations order concerning Reporting Person and spouse.

	/s/ Michael Escalante	12/10/2025
	** 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 CEO Michael Escalante report?

Michael Escalante reported acquiring 28,133 shares of Peakstone Realty Trust common stock on 12/09/2025 in a transaction coded “J.”

How many PKST shares does Michael Escalante own after this transaction?

Following the reported transaction, Michael Escalante beneficially owns 607,601 shares of Peakstone Realty Trust common stock held directly.

What is the nature of the 28,133 PKST shares received by the CEO?

The 28,133 shares reflect a distribution of common stock by Griffin Capital, LLC settling awards granted before December 2018 under its long‑term incentive plan.

What does the domestic relations order note mean for PKST share reporting?

The filing notes an exempt transfer of certain directly held shares to Escalante’s spouse under a domestic relations order and no longer reports shares held indirectly through the spouse.

What role does Michael Escalante hold at Peakstone Realty Trust (PKST)?

Michael Escalante is a director of Peakstone Realty Trust and serves as its CEO and President.

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

No. The Form 4 is indicated as filed by one reporting person, Michael Escalante.