Christopher Brent Smith - 03 Feb 2026 Form 4 Insider Report for Piedmont Realty Trust, Inc. (PDM)

Signature
/s/ M. Wade Grace III as Attorney-in-Fact for Christopher Brent Smith
Issuer symbol
PDM
Transactions as of
03 Feb 2026
Net transactions value
-$1,261,755
Form type
4
Filing time
05 Feb 2026, 16:28:05 UTC
Previous filing
05 May 2025
Next filing
18 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Smith Christopher Brent President & Chief Exec. Off, Director 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA /s/ M. Wade Grace III as Attorney-in-Fact for Christopher Brent Smith 05 Feb 2026 0001657666

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Award $0 +296,313 +67% $0.000000 736,805 03 Feb 2026 Direct F1
transaction PDM Common Stock Tax liability $1,107,295 -131,978 -18% $8.39 604,827 03 Feb 2026 Direct F2
transaction PDM Common Stock Options Exercise +39,906 +6.6% 644,733 03 Feb 2026 Direct F3, F4
transaction PDM Common Stock Tax liability $154,460 -18,410 -2.9% $8.39 626,323 03 Feb 2026 Direct F4

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 Options Exercise $0 -39,906 -9.5% $0.000000 380,703 03 Feb 2026 Common Stock 39,906 $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 2023-2025 Long Term Incentive Compensation plan.
F2 In connection with the vesting of the unrestricted stock award (296,313 shares) pursuant to the performance share component of the 2023-2025 Long Term Incentive Compensation plan on February 3, 2026 (mentioned above), 131,978 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. On February 3, 2026, the initial 25% of the grant vested (39,906 shares) and were settled in PDM common stock. In connection with this vesting, 18,410 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.