Christopher Brent Smith - 13 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
13 Feb 2026
Net transactions value
-$138,452
Form type
4
Filing time
18 Feb 2026, 16:23:47 UTC
Previous filing
05 Feb 2026
Next filing
23 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 18 Feb 2026 0001657666

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDM Common Stock Options Exercise +37,677 +6% 664,000 13 Feb 2026 Direct F1, F2
transaction PDM Common Stock Tax liability $138,452 -16,782 -2.5% $8.25 647,218 13 Feb 2026 Direct F1

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 -37,677 -9.9% $0.000000 343,026 13 Feb 2026 Common Stock 37,677 $0.000000 Direct F1, F2
transaction PDM Restricted Stock Units Award $0 +165,854 +48% $0.000000 508,880 17 Feb 2026 Common Stock 165,854 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 13, 2023, the reporting person was granted 150,711 restricted stock units, vesting in four equal, annual installments beginning on the grant date. On February 13, 2026, the final 25% of the grant vested (37,677 shares), and were settled in PDM common stock. In connection with this vesting, 16,782 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.
F2 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.
F3 On February 17, 2026, the reporting person was granted 165,854 deferred stock units, vesting in four equal, annual installments beginning on the anniversary of the grant date.