Form 4: Piedmont Office Realty Trust Director Dale H. Taysom Reports Stock Award Vesting
SEC Form 4 Filing
Director Dale H. Taysom reports vesting of restricted stock units into Piedmont Office Realty Trust common stock.
Summary
- On May 7, 2025, Dale H. Taysom, a director of Piedmont Office Realty Trust, Inc. (PDM), reported the vesting of 14,388 restricted stock units (RSUs).
- These RSUs were granted on May 7, 2024, at the company's annual meeting and vested on the anniversary of the grant date.
- The vested RSUs were settled in PDM common stock.
- Following the transaction, Taysom directly owns 82,154.788 shares of PDM common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a standard executive compensation event.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The vesting of RSUs has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| May 7, 2024 | Grant date of 14,388 restricted stock units at the Annual Meeting of Stockholders |
| May 7, 2025 | Vesting date of 14,388 restricted stock units, settled in PDM common stock |
| May 8, 2025 | Date of Form 4 filing |
Keywords
Piedmont Office Realty Trust, PDM, Dale H. Taysom, restricted stock units, RSU, Form 4, beneficial ownership, director, vesting, common stock
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