Friedman Jeffrey Eric 4

What Happened

• Jeffrey Eric Friedman, a director of Peakstone Realty Trust (PKST), had 15,378 shares disposed to the issuer on May 6, 2026. The shares were cashed out at $21.00 per share for a total of $322,938. This disposition was a conversion/cash-out under the company’s merger agreement, not an open-market sale.

Key Details

• Transaction date and price: 2026-05-06 at $21.00 per share.
• Shares disposed: 15,378; proceeds: $322,938.
• Post-transaction holdings: not specified in this filing.
• Filing notes: Footnote F1 states these were common shares and unvested restricted stock units cancelled and converted into the right to receive $21.00 per share at the Merger Effective Time per the Merger Agreement disclosed in the company’s March 16, 2026 Proxy Statement.
• Transaction type code: D (Disposition to issuer). Filing was submitted on the same date (2026-05-06), with no late filing indicated.

Context

• Dispositions “to the issuer” commonly reflect merger cash-outs or similar corporate actions. This transaction reflects a contractual conversion of equity into cash under the merger terms, and should not be read as a routine insider market sell indicating sentiment.