Peakstone Realty Trust·4

May 6, 5:24 PM ET

DeWees Carrie 4

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Peakstone Realty Trust (PKST) Director Carrie DeWees Sells Shares

What Happened
Carrie DeWees, a director of Peakstone Realty Trust (PKST), had 17,648 shares disposed to the issuer on 2026-05-06 and received $21.00 per share, for a total cash payment of $370,608. The filing reports this as a disposition to the issuer (D) rather than an open-market sale.

Key Details

  • Transaction date and price: 2026-05-06, disposed at $21.00 per share (total $370,608).
  • Transaction type: Disposition to issuer (D) — shares and unvested restricted stock units were cancelled and converted into a cash payment.
  • Shares owned after transaction: Not disclosed in the provided summary filing.
  • Footnote: The disposal represents common stock and unvested restricted stock units cancelled and converted into cash equal to $21.00 per share at the Merger Effective Time per the Merger Agreement (see Company Proxy Statement filed 2026-03-16).
  • Timeliness: Reported on 2026-05-06 (same date as the transaction), indicating a timely Form 4 filing.

Context
This payment arose from the company’s merger terms—unvested RSUs and shares were cancelled and settled in cash at the merger price—so the disposition reflects the deal mechanics rather than a conventional open-market sale by the insider.