February 23, 2026 · Form 4 insider transaction
Valente Alex bought 3,696 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 2 days after the transaction.
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.; On February 23, 2023, the reporting person was granted 14,784 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date. On February 23, 2026, the third 25% of the grant vested (3,696 shares) and were settled in PDM common stock. In connection with this vesting, 1,647 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.