Form 4: Director Barbara Lang Reports Stock Transactions in Piedmont Office Realty Trust

Director Barbara Lang reports the vesting of restricted stock units and subsequent transactions involving Piedmont Office Realty Trust common stock.

Summary

• On May 7, 2025, Director Barbara Lang vested 14,388 restricted stock units in Piedmont Office Realty Trust (PDM).
• These restricted stock units were granted on May 7, 2024, and vested on the anniversary of the grant date.
• Upon vesting, 4,317 shares were forfeited to satisfy tax withholding obligations at a price of $6.71 per share.
• Following these transactions, Lang directly owns 51,191 shares of PDM common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

Form 4, Piedmont Office Realty Trust, PDM, Director, Barbara Lang, Restricted Stock Units, Stock Vesting, Beneficial Ownership, Tax Withholding