Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2025-02-24 00:00:00 ET · period of report 2025-02-20 · accession 0001042776-25-000050 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-02-24 | 2025-02-20+ | PDM | Wells George M. | EVP- COO | M - OptEx | — | +15.8K | 119.4K | +15% | — |
| DM | 2025-02-24 | 2025-02-20+ | PDM | Wells George M. | EVP- COO | F - Tax | $7.20 | -7,532 | 114.4K | -6% | -$54.3K |
| DM | 2025-02-24 | 2025-02-20+ | PDM | Wells George M. | EVP- COO | M - OptEx | $0.00 | -15.8K | 82.7K | -16% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-23 | M | A | 5,280 | — | 119,656 | D | — | — | (F2) Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election. (F3) On February 23, 2023, the reporting person was granted 21,119 restricted stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 23, 2025, the second 25% of the grant vested (5,280 shares) and were settled in PDM common stock. In connection with this vesting, 2,521 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 2 | Common | Common Stock | 2025-02-23 | F | D | 2,521 | $7.07 | 117,135 | D | — | — | (F3) On February 23, 2023, the reporting person was granted 21,119 restricted stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 23, 2025, the second 25% of the grant vested (5,280 shares) and were settled in PDM common stock. In connection with this vesting, 2,521 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 3 | Common | Common Stock | 2025-02-20 | F | D | 5,011 | $7.27 | 114,376 | D | — | — | (F1) On February 20, 2024, the reporting person was granted 41,985 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 20, 2025, the initial 25% of the grant vested (10,496 shares) and were settled in PDM common stock. In connection with this vesting, 5,011 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 4 | Common | Common Stock | 2025-02-20 | M | A | 10,496 | — | 119,387 | D | — | — | (F2) Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election. (F1) On February 20, 2024, the reporting person was granted 41,985 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 20, 2025, the initial 25% of the grant vested (10,496 shares) and were settled in PDM common stock. In connection with this vesting, 5,011 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 5 | Derivative | Restricted Stock Units | 2025-02-20 | M | D | 10,496 | $0.00 | 87,989 | D | $0.00 · — to — | 10,496 Common Stock | (F2) Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election. (F1) On February 20, 2024, the reporting person was granted 41,985 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 20, 2025, the initial 25% of the grant vested (10,496 shares) and were settled in PDM common stock. In connection with this vesting, 5,011 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 6 | Derivative | Restricted Stock Units | 2025-02-23 | M | D | 5,280 | $0.00 | 82,709 | D | $0.00 · — to — | 5,280 Common Stock | (F2) Each deferred stock unit represents a contingent right to receive one share of PDM common stock. Deferred stock units may be settled in cash or common stock at PDM's election. (F3) On February 23, 2023, the reporting person was granted 21,119 restricted stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 23, 2025, the second 25% of the grant vested (5,280 shares) and were settled in PDM common stock. In connection with this vesting, 2,521 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |