Wells George M. bought PDM
February 20, 2026 · Form 4 insider transaction
Wells George M. bought 10,496 shares of Piedmont Realty Trust, Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
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, 2026, the second 25% of the grant vested (10,496 shares) and were settled in PDM common stock. In connection with this vesting, 4,675 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.