Peakstone Realty (NYSE: PKST) CAO stock cancelled at $21

Rhea-AI Filing Summary

Peakstone Realty Trust’s Chief Accounting Officer, Mai Qiyan, reported a disposition of company equity tied to a merger closing. On May 6, 2026, 12,823 shares of common stock and unvested restricted stock units were cancelled and converted into the right to receive $21.00 per share in cash under the merger agreement. Following this cash-out transaction, Mai Qiyan reported holding 0 shares of Peakstone Realty Trust common stock directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mai Qiyan

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock	12,823	$21.00	$269K

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

Footnotes (1)

1. [object Object]

Key Figures

Shares disposed: 12,823 shares Cash per share: $21.00 per share Shares after transaction: 0 shares +2 more

5 metrics

Shares disposed 12,823 shares Common stock and unvested RSUs cancelled at merger effective time

Cash per share $21.00 per share Cash amount received for each cancelled share/RSU under merger agreement

Shares after transaction 0 shares Direct common stock holdings reported after merger-related disposition

Disposition type Disposition to issuer Form 4 transaction code D, issuer disposition under merger

Dispose transactions 1 transaction transactionSummary shows one dispose event and no buys or sells

Key Terms

Disposition to issuer, restricted stock units, Merger Agreement, Company Merger Effective Time, +1 more

5 terms

Disposition to issuer financial

"transaction_code_description: "Disposition to issuer""

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

"converted into the right to receive an amount in cash ... at the Company Merger Effective Time in accordance with the terms of the Merger Agreement"

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

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

Proxy Statement regulatory

"as defined and disclosed in the Company's Proxy Statement filed with the Securities and Exchange Commission on March 16, 2026"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Mai Qiyan

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

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)		12,823	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/ Qiyan Mai	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)

FAQ

What insider transaction did Mai Qiyan report for Peakstone Realty Trust (PKST)?

Mai Qiyan reported a disposition of Peakstone Realty Trust equity in connection with a merger. 12,823 common shares and unvested restricted stock units were cancelled and converted into cash rights at $21.00 per share, leaving no directly held shares after the transaction.

Was Mai Qiyan’s Peakstone (PKST) Form 4 transaction an open-market sale?

No, the Form 4 describes a disposition to the issuer as part of a merger. Shares and unvested restricted stock units were cancelled and converted into cash at $21.00 per share, rather than being sold on the open market to third-party buyers.

How many Peakstone Realty Trust (PKST) shares were affected in Mai Qiyan’s Form 4?

The filing reports 12,823 Peakstone Realty Trust common shares and unvested restricted stock units affected. These equity interests 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.

What cash consideration did Mai Qiyan receive per Peakstone (PKST) share in the merger transaction?

Each impacted share or unvested restricted stock unit held by Mai Qiyan was converted into the right to receive $21.00 in cash. This price was set by the company’s merger agreement referenced in the Form 4 footnote and described in the related proxy statement.

What are Mai Qiyan’s Peakstone Realty Trust (PKST) holdings after the reported Form 4 transaction?

After the merger-related disposition, Mai Qiyan reported owning 0 shares of Peakstone Realty Trust common stock directly. The cancellation and cash conversion of shares and unvested restricted stock units eliminated the previously reported direct equity position in the company.