Form 4: Peakstone Realty COO Sells Shares for Tax Obligations
Insider Transaction Report
Peakstone Realty Trust's COO and CLO, Nina Momtazee Sitzer, disposed of 11,363 common shares at $14.35 each to cover tax withholdings on vested restricted stock units.
Summary
- Nina Momtazee Sitzer, the Chief Operating Officer and Chief Legal Officer of Peakstone Realty Trust (PKST), reported a transaction involving the company's common stock.
- On December 31, 2025, 11,363 common shares were disposed of at a price of $14.35 per share.
- This disposition was a 'F' transaction code, 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 Ms. Sitzer on March 23, 2023, and April 1, 2024.
- Following this transaction, Ms. Sitzer beneficially owns 135,738 common shares directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction involving the withholding of shares to cover tax obligations upon the vesting of restricted stock units, which is a standard practice and does not typically indicate a change in company fundamentals or management's outlook.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This filing is a routine insider transaction related to equity compensation and does not provide specific insights into broader industry trends or competitive positioning within the real estate sector.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine compensation-related transaction and not a discretionary sale indicating a change in management's confidence.
- Employees: Reflects standard equity compensation practices for executives.
Key Dates
| Date | Description |
|---|---|
| 03/23/2023 | Grant date for a portion of the time-based restricted share units. |
| 04/01/2024 | Grant date for a portion of the time-based restricted share units. |
| 12/31/2025 | Transaction date for the disposition of common shares to satisfy tax withholding obligations related to RSU vesting. |
| 01/02/2026 | Signature date of the reporting person for the Form 4 filing. |
Keywords
Peakstone Realty Trust, PKST, Nina Momtazee Sitzer, Insider Transaction, Form 4, Restricted Stock Units, Tax Withholding, Equity Compensation
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