Peakstone Realty Trust (NYSE: PKST) CFO details tax share withholding
Rhea-AI Filing Summary
Peakstone Realty Trust reported an insider equity transaction by its Chief Financial Officer, Javier Bitar. On December 31, 2025, the company withheld 13,812 common shares at $14.35 per share to cover tax obligations tied to vesting equity awards. These shares relate to the delivery of common shares underlying 25,649 time-based restricted share units previously granted on March 23, 2023 and April 1, 2024. Following this withholding transaction, Bitar beneficially owns 130,347 common shares, held directly.
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FAQ
What insider transaction did Peakstone Realty Trust (PKST) disclose?
Peakstone Realty Trust disclosed that its CFO, Javier Bitar, had 13,812 common shares withheld on December 31, 2025 to satisfy tax withholding obligations related to vesting equity awards.
How many Peakstone Realty Trust shares does the CFO own after this Form 4 transaction?
After the reported transaction, CFO Javier Bitar beneficially owns 130,347 common shares of Peakstone Realty Trust, held directly.
What was the purpose of the 13,812 PKST shares withheld from the CFO?
The 13,812 common shares were withheld by the issuer to satisfy tax withholding obligations arising from the delivery of shares underlying previously granted time-based restricted share units.
Which equity awards triggered the share withholding for Peakstone Realty Trust's CFO?
The withholding relates to common shares delivered on December 31, 2025 that were underlying 25,649 time-based restricted share units granted to the CFO on March 23, 2023 and April 1, 2024.
What transaction code is used for the CFO’s PKST share withholding?
The transaction is coded as "F", which indicates shares were withheld by the issuer to satisfy tax withholding obligations in connection with an equity award.
Is the Form 4 filing for Peakstone Realty Trust made by more than one reporting person?
No. The Form 4 indicates it is filed by one reporting person, covering the transactions of CFO Javier Bitar only.