Form 4: Piedmont Office Realty Trust Director Deneen L. Donnley Reports Stock Unit Vesting
SEC Form 4 Filing
Director Deneen L. Donnley reports the vesting of 2,312 restricted stock units into common stock of Piedmont Office Realty Trust.
Summary
- On May 7, 2025, Deneen L. Donnley, a director of Piedmont Office Realty Trust, Inc. (PDM), had 2,312 restricted stock units vest.
- These units converted into 2,312 shares of PDM common stock.
- The restricted stock units were granted on February 26, 2025, and vested on May 7, 2025.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock unit vesting, which is a neutral event.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The vesting of stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Grant date of 2,312 restricted stock units to Deneen L. Donnley. |
| 05/07/2025 | Vesting date of 2,312 restricted stock units, converting into common stock. |
| 05/08/2025 | Date of Form 4 filing. |
Keywords
Form 4, Piedmont Office Realty Trust, Stock Units, Vesting, Director, PDM, Deneen L. Donnley, Common Stock
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