Wells George M. 4
4 · Piedmont Realty Trust, Inc. · Filed Feb 25, 2026
Insider Transaction Report
Form 4
Wells George M.
EVP- Co-COO
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-23+5,280→ 160,984 total - Tax Payment
Common Stock
[F1]2026-02-23$7.62/sh−2,352$17,922→ 158,632 total - Exercise/Conversion
Restricted Stock Units
[F2][F1]2026-02-23−5,280→ 89,265 totalExercise: $0.00→ Common Stock (5,280 underlying)
Footnotes (2)
- [F1]On February 23, 2023, the reporting person was granted 21,119 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 (5,280 shares) and were settled in PDM common stock. In connection with this vesting, 2,352 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.
Signature
/s/ M. Wade Grace III as Attorney-in-Fact for George M. Wells|2026-02-25