Christopher Brent Smith - 03 Feb 2025 Form 4 Insider Report for Piedmont Office Realty Trust, Inc. (PDM)

Role: President & Chief Exec. Off, Director
Signature: /s/ Laura P. Moon as Attorney-in-Fact for Christopher Brent Smith
Issuer symbol: PDM
Transactions as of: 03 Feb 2025
Net transactions value: -$266,369
Form type: 4
Filing time: 05 Feb 2025, 16:58:54 UTC
Previous filing: 02 Jul 2024
Next filing: 12 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PDM	Common Stock	Award	$0	+64,290	+20%	$0.000000	382,524	03 Feb 2025	Direct	F1
transaction	PDM	Common Stock	Tax liability	$266,369	-31,264	-8.2%	$8.52	351,260	03 Feb 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PDM	Restricted Stock Units	Award	$0	+159,624	+40%	$0.000000	559,564	03 Feb 2025	Common Stock	159,624	$0.000000	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Such shares were granted without restriction pursuant to the performance share component of the 2022-2024 Long Term Incentive Compensation plan.
F2	In connection with the vesting of the unrestricted stock award (64,290 shares) on February 3, 2025, 31,264 shares were forfeited by the employee and delivered to the Company to satisfy tax withholding obligations.
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 159,624 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date.