Taysom Dale H. 4

What Happened

• Taysom Dale H., a director of Piedmont Realty Trust, had 15,217 restricted stock units (RSUs) vest on May 12, 2026; those RSUs were converted/settled into PDM common stock (reported as derivative conversion/exercise, code M). The filing shows corresponding entries at $0.00 (no cash paid). On the same date he was also granted 12,883 new RSUs (reported as an award/grant, code A) that will vest by the 2027 annual meeting or the one-year anniversary of the grant.
• These transactions are compensation-related (vesting and a new grant), not an open-market purchase or sale, and no cash changed hands per the filing (prices reported as $0.00; total values not stated).

Key Details

• Transaction dates: May 12, 2026 (vesting/conversion and new grant). Form 4 filed May 13, 2026 (timely).
• Reported entries: 15,217 RSUs converted/settled into shares (derivative, M); a matching disposition entry for 15,217 at $0.00 is shown in the filing. New grant: 12,883 RSUs (A) at $0.00.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Each RSU represents a contingent right to one share; settlement may be in cash or stock.
  • F2: The 15,217 RSUs were granted May 15, 2025, vested May 12, 2026, and were settled in common stock.
  • F3: The 12,883 RSUs were granted May 12, 2026 and vest at the earlier of the 2027 annual meeting or May 2027.
• No 10b5-1 plan, tax-withholding details, or late filing flags are indicated in the provided data.

Context

• RSU vesting and conversions are routine executive/director compensation events and do not necessarily signal buying or selling intent. The conversion is a derivative settlement (RSUs → common shares); the new RSU grant is deferred compensation that vests over time and may be settled in stock or cash per company policy.