February 13, 2026 · Form 4 insider transaction
Smith Christopher Brent bought 37,677 shares of Piedmont Office Realty Trust, Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.
On February 13, 2023, the reporting person was granted 150,711 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 13, 2026, the final 25% of the grant vested (37,677 shares), and were settled in PDM common stock. In connection with this vesting, 16,782 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.; 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.