Form 4: Peakstone Realty Trust COO Nina Momtazee Sitzer Reports Tax Withholding Transaction
SEC Form 4 Filing
Nina Momtazee Sitzer, COO and CLO of Peakstone Realty Trust, reports a transaction involving the withholding of common shares to cover tax obligations related to previously granted restricted share units.
Summary
- On March 25, 2025, Nina Momtazee Sitzer, the COO and CLO of Peakstone Realty Trust, had 412 common shares withheld by the issuer to satisfy tax obligations.
- This withholding was related to the delivery of common shares underlying 929 time-based restricted share units granted to her on March 25, 2021.
- Following the transaction, Sitzer directly owns 159,235 common shares.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted share units, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 03/25/2021 | Date of grant of 929 time-based restricted share units to Nina Momtazee Sitzer. |
| 03/25/2025 | Date of transaction where 412 common shares were withheld to satisfy tax obligations related to the restricted share units. |
| 03/27/2025 | Date of signature of the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Insider Trading, Peakstone Realty Trust, PKST, Nina Momtazee Sitzer, COO, CLO, Tax Withholding, Restricted Share Units
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