Form 4 for PDM Piedmont Realty Trust, Inc.
Accepted 2026-02-05 00:00:00 ET · period of report 2026-02-03 · accession 0001658079-26-000002 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-02-05 | 2026-02-03 | PDM | Wells George M. | EVP- Co-COO | A - Grant | $0.00 | +46.3K | 163.4K | +40% | $0 |
| DM | 2026-02-05 | 2026-02-03 | PDM | Wells George M. | EVP- Co-COO | F - Tax | $8.39 | -25.4K | 146.9K | -15% | -$212.9K |
| D | 2026-02-05 | 2026-02-03 | PDM | Wells George M. | EVP- Co-COO | M - OptEx | — | +8,803 | 151.2K | +6% | — |
| D | 2026-02-05 | 2026-02-03 | PDM | Wells George M. | EVP- Co-COO | M - OptEx | $0.00 | -8,803 | 73.9K | -11% | $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 | 2026-02-03 | A | A | 46,299 | $0.00 | 163,434 | D | — | — | (F1) Such shares were granted without restriction pursuant to the performance share component of the 2023-2025 Long Term Incentive Compensation plan. |
| 2 | Common | Common Stock | 2026-02-03 | F | D | 20,988 | $8.39 | 142,446 | D | — | — | (F2) In connection with the vesting of the unrestricted stock award (46,299 shares) pursuant to the performance share component of the 2023-2025 Long Term Incentive Compensation plan on February 3, 2026 (mentioned above), 20,988 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations. |
| 3 | Common | Common Stock | 2026-02-03 | M | A | 8,803 | — | 151,249 | D | — | — | (F3) 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. (F4) On February 3, 2025, the reporting person was granted 35,211 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 3, 2026, the initial 25% of the grant vested (8,803 shares) and were settled in PDM common stock. In connection with this vesting, 4,388 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 4 | Common | Common Stock | 2026-02-03 | F | D | 4,388 | $8.39 | 146,861 | D | — | — | (F4) On February 3, 2025, the reporting person was granted 35,211 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 3, 2026, the initial 25% of the grant vested (8,803 shares) and were settled in PDM common stock. In connection with this vesting, 4,388 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |
| 5 | Derivative | Restricted Stock Units | 2026-02-03 | M | D | 8,803 | $0.00 | 73,906 | D | $0.00 · — to — | 8,803 Common Stock | (F3) 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. (F4) On February 3, 2025, the reporting person was granted 35,211 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 3, 2026, the initial 25% of the grant vested (8,803 shares) and were settled in PDM common stock. In connection with this vesting, 4,388 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations. |