Form 4: Peakstone CFO's Stock Transaction for Tax Obligations
Insider Transaction Report
Peakstone Realty Trust's CFO, Javier F. Bitar, disposed of 11,130 common shares to cover tax withholding obligations related to restricted share unit vesting.
Summary
- Javier F. Bitar, the Chief Financial Officer (CFO) of Peakstone Realty Trust (PKST), reported a transaction on December 15, 2025.
- The transaction involved the disposition of 11,130 common shares at a price of $14.22 per share.
- This disposition was a mandatory withholding by the issuer to satisfy tax obligations.
- The tax obligations arose in connection with the delivery of common shares underlying 20,667 previously reported, time-based restricted share units (RSUs) granted to Mr. Bitar on March 7, 2025.
- Following this reported transaction, Mr. Bitar beneficially owns 144,159 common shares directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary tax withholding event related to RSU vesting, which is neutral in sentiment and does not reflect a discretionary sale or purchase by the insider.
Future Outlook
NA
Industry Context
This filing is a routine insider transaction report, common across all industries, detailing a non-discretionary stock disposition for tax purposes related to executive compensation. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in management's confidence or a significant shift in ownership structure.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date when 20,667 time-based restricted share units were granted to Javier F. Bitar. |
| 12/15/2025 | Date of the transaction where common shares were withheld for tax obligations related to RSU vesting. |
| 12/17/2025 | Date the Form 4 was signed by Javier Bitar. |
Keywords
Peakstone Realty Trust, PKST, Javier F. Bitar, CFO, Insider Transaction, Form 4, Stock Disposition, Tax Withholding, Restricted Share Units, RSU Vesting
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