Mai Qiyan 4

What Happened
Mai Qiyan, Chief Accounting Officer of Peakstone Realty Trust (PKST), reported a disposition to the issuer of 12,823 shares on May 6, 2026. The shares were converted to cash at $21.00 per share for a total of $269,283. This was a disposition under the company’s merger agreement (not an open‑market sale).

Key Details

• Transaction date: 2026-05-06; Price: $21.00 per share; Total received: $269,283.
• Transaction type/code: Disposition to issuer (D) — shares cancelled/converted to cash.
• Footnote: The shares (including unvested restricted stock units) were cancelled and converted into the right to receive $21.00 per share at the Merger Effective Time, per the Merger Agreement and the company proxy (see F1).
• Shares owned after the transaction: Not disclosed in the provided Form 4.
• Filing timeliness: Report filed on 2026-05-06 (same date as the transaction/reporting period), indicating a timely Form 4 filing.

Context
This disposition reflects merger consideration (cash-out of stock/RSUs) rather than a market sale by the insider. Such issuer dispositions in an M&A context are common and reflect the transaction terms, not necessarily the insider’s view of the company’s future prospects.