Form 4: Peakstone CFO Reports Routine Tax Withholding Transaction

Peakstone Realty Trust's CFO, Javier Bitar, reported a disposition of 13,812 common shares for tax withholding purposes related to restricted stock unit vesting.

Summary

• Javier F. Bitar, CFO of Peakstone Realty Trust (PKST), reported a transaction involving the company's common stock.
• On December 31, 2025, 13,812 common shares were disposed of at a price of $14.35 per share.
• This disposition was a 'Form F' transaction, indicating shares were withheld by the Issuer to satisfy tax withholding obligations.
• The tax withholding was in connection with the delivery of common shares underlying 25,649 previously reported time-based restricted share units (RSUs).
• These RSUs were granted to Mr. Bitar on March 23, 2023, and April 1, 2024.
• Following this transaction, Mr. Bitar beneficially owns 130,347 common shares directly.

Sentiment

Score: 5

Explanation: The filing reports a routine administrative transaction (tax withholding for RSU vesting) and does not contain information that would significantly alter the sentiment towards the company's financial health or operational outlook.

Positives

• The underlying event, the vesting of restricted share units, represents a positive compensation event for the CFO, indicating continued alignment of management interests with shareholder value.

Negatives

• The transaction itself is a disposition of shares, reducing the CFO's direct holdings by 13,812 shares, though this is for tax purposes rather than a discretionary sale.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a tax withholding event related to executive compensation. It does not provide information that directly relates to broader industry trends or competitive positioning within the real estate investment trust (REIT) sector.

Stakeholder Impact

• Shareholders: The transaction is a routine administrative event and is unlikely to have a material impact on shareholder value or perception. It reflects standard executive compensation practices.
• Employees: No direct impact on general employees is indicated by this filing.

Key Dates

Keywords

Peakstone Realty Trust, PKST, Javier Bitar, CFO, Form 4, Insider Transaction, Tax Withholding, Restricted Stock Units, Common Stock