February 20, 2026 · Form 4 insider transaction
Wells George M. sold 4,675 shares of Piedmont Office Realty Trust, Inc. at $7.98 per share, a transaction worth $37.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
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.