Form 4: Piedmont Office Realty Trust Director Mary M. Hager Reports Stock Award Vesting
SEC Form 4
Director Mary M. Hager reports the vesting and conversion of restricted stock units into common stock of Piedmont Office Realty Trust.
Summary
- On May 7, 2025, Mary M. Hager, a director of Piedmont Office Realty Trust, reported the vesting of 14,388 restricted stock units.
- These units were granted on May 7, 2024, and vested on the anniversary of the grant date.
- The vested units were settled in PDM common stock.
- Following the transaction, Hager directly owns 33,973 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock vesting, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The vesting of restricted stock units may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Grant date of 14,388 restricted stock units to Mary M. Hager. |
| 05/07/2025 | Vesting date of 14,388 restricted stock units and conversion to common stock. |
| 05/08/2025 | Date of Form 4 filing. |
Keywords
restricted stock units, Form 4, Piedmont Office Realty Trust, stock vesting, director, PDM, Hager
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