Form 4: Piedmont Office Realty Trust SVP-CAO Laura P. Moon Reports Stock Transactions
SEC Form 4
Laura P. Moon, SVP-CAO of Piedmont Office Realty Trust, reports the vesting and subsequent transactions of restricted stock units.
Summary
- On February 13, 2025, Laura P. Moon, SVP-CAO of Piedmont Office Realty Trust, reported transactions related to restricted stock units.
- 2,607 restricted stock units vested and were settled in PDM common stock.
- In connection with the vesting, 1,219 shares were forfeited to satisfy tax withholding obligations at a price of $7.96.
- Following these transactions, Moon directly owns 61,039 shares of common stock and 139,750 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity related to stock vesting. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.
Key Dates
| Date | Description |
|---|---|
| 02/13/2023 | Reporting person was granted 10,427 restricted stock units, vesting in four equal, annual installments beginning on the grant date. |
| 02/13/2025 | 2,607 restricted stock units vested and were settled in PDM common stock; 1,219 shares were forfeited for tax withholding. |
| 02/18/2025 | Date of signature for the Form 4 filing. |
Keywords
Piedmont Office Realty Trust, PDM, Form 4, Insider Trading, Restricted Stock Units, Vesting, Laura P. Moon, SVP-CAO
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