Form 4: Peakstone Realty Trust COO Nina Momtazee Sitzer Reports Tax Withholding Transaction

Sentiment:

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

DateDescription
03/25/2021Date of grant of 929 time-based restricted share units to Nina Momtazee Sitzer.
03/25/2025Date of transaction where 412 common shares were withheld to satisfy tax obligations related to the restricted share units.
03/27/2025Date 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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