George M. Wells - 03 Feb 2026 Form 4 Insider Report for Piedmont Realty Trust, Inc. (PDM)

Role: EVP- Co-COO
Signature: /s/ M. Wade Grace III as Attorney-in-Fact for George M. Wells
Issuer symbol: PDM
Transactions as of: 03 Feb 2026
Net transactions value: -$212,905
Form type: 4
Filing time: 05 Feb 2026, 16:31:08 UTC
Previous filing: 24 Feb 2025
Next filing: 18 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Wells George M.	EVP- Co-COO	5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA	/s/ M. Wade Grace III as Attorney-in-Fact for George M. Wells	05 Feb 2026	0001658079

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PDM	Common Stock	Award	$0	+46,299	+40%	$0.000000	163,434	03 Feb 2026	Direct	F1
transaction	PDM	Common Stock	Tax liability	$176,089	-20,988	-13%	$8.39	142,446	03 Feb 2026	Direct	F2
transaction	PDM	Common Stock	Options Exercise		+8,803	+6.2%		151,249	03 Feb 2026	Direct	F3, F4
transaction	PDM	Common Stock	Tax liability	$36,815	-4,388	-2.9%	$8.39	146,861	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	-8,803	-11%	$0.000000	73,906	03 Feb 2026	Common Stock	8,803	$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 (46,299 shares) pursuant to the performance share component of the 2023-2025 Long Term Incentive Compensation plan on February 3, 2026 (mentioned above), 20,988 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 35,211 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 (8,803 shares) and were settled in PDM common stock. In connection with this vesting, 4,388 shares were forfeited by the employee and delivered to PDM to satisfy tax withholding obligations.