Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-13

Piedmont Realty Trust, Inc. (PDM)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,757,342
C. Brent Smith total, FY2025
23rd
CEO pay percentile vs peers
39:1
CEO-to-median pay ratio
97.57%
Say-on-pay support, latest vote
Companies that benchmark against PDM
13 companies name PDM as a compensation peer

Each company listed discloses PDM in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PDM in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
C. Brent Smith$710,000$0$3,766,342$0$1,250,000$0$31,000$5,757,342
President & Chief Executive Officer
Sherry Rexroad500,00001,052,3550600,00008,6882,161,043
EVP & Chief Financial Officer
George Wells440,0000830,8110515,000034,7501,820,561
EVP & Chief Operating Officer
Christopher Kollme383,7500443,0980432,500031,0001,290,348
EVP, Investments
Laura Moon300,5000332,3260245,000031,000908,826
EVP & Chief Accounting Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
C. Brent Smith$5,757,342$5,698,958$7,150,720+58,384
Sherry Rexroad2,161,043
George Wells1,820,5611,696,6441,677,117+123,917
Christopher Kollme1,290,3481,210,8961,377,889+79,452
Laura Moon908,826

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Kelly H. BarrettDirector2026-05-12D15,217$0$0Derivative, Class A CommonForm 4 ↗
Kelly H. BarrettDirector2026-05-12A12,88300Derivative, Class A CommonForm 4 ↗
Jeffrey J. DonnellyDirector2026-05-12D3,348827,286CommonForm 4 ↗
Stephen E. LewisDirector2026-05-12A12,88300Derivative, Class A CommonForm 4 ↗
Barbara B. LangDirector2026-05-12D15,21700Derivative, Class A CommonForm 4 ↗
Mary M. HagerDirector2026-05-12A12,88300Derivative, Class A CommonForm 4 ↗
Glenn G. CohenDirector2026-05-12A15,217CommonForm 4 ↗
Glenn G. CohenDirector2026-05-12D15,21700Derivative, Class A CommonForm 4 ↗
Glenn G. CohenDirector2026-05-12A12,88300Derivative, Class A CommonForm 4 ↗
Deneen L. DonnleyDirector2026-05-12A15,217CommonForm 4 ↗
Jeffrey J. DonnellyDirector2026-05-12D15,21700Derivative, Class A CommonForm 4 ↗
Dale H. TaysomDirector2026-05-12D15,21700Derivative, Class A CommonForm 4 ↗
Dale H. TaysomDirector2026-05-12A12,88300Derivative, Class A CommonForm 4 ↗
Mary M. HagerDirector2026-05-12A15,217CommonForm 4 ↗
Deneen L. DonnleyDirector2026-05-12D15,21700Derivative, Class A CommonForm 4 ↗
Deneen L. DonnleyDirector2026-05-12A12,88300Derivative, Class A CommonForm 4 ↗
Jeffrey J. DonnellyDirector2026-05-12A15,217CommonForm 4 ↗
Jeffrey J. DonnellyDirector2026-05-12A12,88300Derivative, Class A CommonForm 4 ↗
Dale H. TaysomDirector2026-05-12A15,217CommonForm 4 ↗
Kelly H. BarrettDirector2026-05-12A15,217CommonForm 4 ↗
Stephen E. LewisDirector2026-05-12D15,21700Derivative, Class A CommonForm 4 ↗
Barbara B. LangDirector2026-05-12A15,217CommonForm 4 ↗
Barbara B. LangDirector2026-05-12D4,566837,213CommonForm 4 ↗
Barbara B. LangDirector2026-05-12A12,88300Derivative, Class A CommonForm 4 ↗
Mary M. HagerDirector2026-05-12D15,21700Derivative, Class A CommonForm 4 ↗
Stephen E. LewisDirector2026-05-12A15,217CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Christopher KollmePSU14,08528,16928,16956,338$283,098
Christopher KollmeRSU18,779160,000
George WellsPSU26,40952,81752,817105,634530,811
Laura MoonPSU10,56421,12721,12742,254212,326
C. Brent SmithRSU159,6241,360,000
George WellsRSU35,211300,000
Sherry RexroadPSU33,45166,90166,901133,802672,355
Sherry RexroadRSU44,601380,000
C. Brent SmithPSU119,719239,437239,437478,8742,406,342
Laura MoonRSU14,085120,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Christopher Kollme$160,000$283,098$063.9%
George Wells300,000530,811063.9%
Laura Moon120,000212,326063.9%
C. Brent Smith1,360,0002,406,342063.9%
Sherry Rexroad380,000672,355063.9%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Christopher KollmePSU68,702$615,913
Christopher KollmePSU7,91976,300
Sherry RexroadPSU124,4361,053,350
C. Brent SmithPSU420,6093,761,472
Christopher KollmePSU48,376432,624
George WellsPSU5,45052,511
George WellsPSU10,559101,736
Laura MoonPSU39,296332,643
Laura MoonPSU133,1021,154,336
C. Brent SmithPSU67,582651,153
George WellsPSU35,211298,061
Laura MoonPSU32,062287,436
C. Brent SmithPSU155,7261,396,084
C. Brent SmithPSU37,677363,018
C. Brent SmithPSU296,0092,852,048
C. Brent SmithPSU159,6241,351,217
Christopher KollmePSU34,688334,220
Christopher KollmePSU17,176153,983
Christopher KollmePSU18,779158,964
Christopher KollmePSU52,394443,518
George WellsPSU46,251445,632
George WellsPSU31,489282,299
George WellsPSU125,9541,129,178
George WellsPSU98,240831,598
Sherry RexroadPSU45,455390,458
Sherry RexroadPSU44,601377,547
Laura MoonPSU2,60625,109
Laura MoonPSU5,28050,873
Laura MoonPSU15,418148,549
Laura MoonPSU12,023107,786
Laura MoonPSU99,108851,338
Laura MoonPSU14,085119,230
George WellsPSU82,709734,607
C. Brent SmithPSU622,9005,584,299
Christopher KollmePSU4,50243,377
C. Brent SmithPSU445,3533,769,912
Sherry RexroadPSU90,056768,005
05

Incentive-plan design — the Compensation Discussion & Analysis

We seek to maintain a total compensation package that provides fair, reasonable, and competitive compensation for our executives while also permitting us the flexibility to differentiate actual pay based on the level of the individual and organizational performance.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)
Independent consultantFerguson Partners Consulting L.P.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1292,507,5342,303,553196,63297.57%Passed
20252025-05-1585,314,1533,642,473345,08295.91%Passed
20242024-05-0784,674,9246,139,0531,514,26693.24%Passed
20232023-05-1087,273,5384,752,6991,553,37094.84%Passed
20222022-05-1193,030,3013,944,014319,30695.93%Passed
20212021-05-1192,286,0363,934,520868,89395.91%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1297.57%a
20252025-05-1595.91%b
20242024-05-0793.24%c

a. Approved under the standard stated in the filing — “The following table summarizes the voting requirement for each of the proposals under our Bylaws and the effect of abstentions and broker non-votes on each proposal: Proposal Number Item Votes Required for Approval Abstentions Broker Non-Votes Board Voting Recommendation 1 Election of nine directors Majority of votes cast(1) Not Counted Not Voted FOR EACH 2 Ratify the appointment of Deloitte & Touche LLP Majority of votes cast Not Counted Discretionary Vote FOR 3 Approve, on an advisory basis, the compensation of the named executive officers Majority of votes cast Not Counted Not Voted FOR 4 Approve Third Amended and Restated Omnibus Incentive Plan Majority of votes cast Not Counted Not Voted FOR (1) A majority of the votes cast means that the number of shares voted FOR a director must exceed the number of shares voted AGAINST that director for a nominee to be elected to that seat.”.

b. Approved under the standard stated in the filing — “The following table summarizes the voting requirement for each of the proposals under our Bylaws and the effect of abstentions and broker non-votes on each proposal: Proposal Number Item Votes Required for Approval Abstentions Broker Non-Votes Board Voting Recommendation 1 Election of nine directors Majority of votes cast (1) Not Counted Not Voted FOR EACH 2 Ratify the appointment of Deloitte & Touche LLP Majority of votes cast Not Counted Discretionary Vote FOR 3 Approve, on an advisory basis, the compensation of the named executive officers Majority of votes cast Not Counted Not Voted FOR (1) A majority of the votes cast means that the number of shares voted FOR a director must exceed the number of shares voted AGAINST that director for a nominee to be elected to that seat.”.

c. Approved under the standard stated in the filing — “The following table summarizes the voting requirement for each of the proposals under our Bylaws and the effect of abstentions and broker non-votes on each proposal: Proposal Number Item Votes Required for Approval Abstentions Broker Non-Votes Board Voting Recommendation 1 Election of seven directors Majority of votes cast (1) Not Counted Not Voted FOR EACH 2 Ratify the appointment of Deloitte & Touche LLP Majority of votes cast Not Counted Discretionary Vote FOR 3 Approve, on an advisory basis, the compensation of the named executive officers Majority of votes cast Not Counted Not Voted FOR 4 Approve Amendment to our 2007 Omnibus Incentive Plan Majority of votes cast Not Counted Not Voted FOR (1) A majority of the votes cast means that the number of shares voted FOR a director must exceed the number of shares voted AGAINST that director for a nominee to be elected to that seat.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)39 : 1
CEO total compensation$5,757,342
Median employee compensation$146,772
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Kelly H. BarrettIndependent · Board Chair · Audit (Chair) · Nominating & Corporate Governance$170,000$105,000$0$0$0$275,000
Glenn G. CohenIndependent · Compensation (Chair) · Audit · Capital115,000105,000000220,000
Dale H. TaysomIndependent · Lead Independent Director · Audit · Capital (Chair)102,500105,000000207,500
Barbara B. LangIndependent · Compensation · Nominating and Corporate Governance (Chair)102,500105,000000207,500
Jeffrey J. DonnellyIndependent · Audit · Compensation · Partial-year service · Newly elected76,778121,670000198,448
Deneen L. DonnleyIndependent · Audit · Partial-year service · Newly elected71,778121,670000193,448
Stephen E. LewisIndependent · Compensation (Chair) · Partial-year service · Newly elected71,778121,670000193,448
Mary M. HagerIndependent · Nominating and Corporate Governance · Compensation85,000105,000000190,000
Venkatesh S. DurvasulaIndependent · Departed during FY31,75800031,758
C. Brent SmithEmployee director · Partial-year service00000
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$105,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 17,500
Stock ownership guideline$400,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$827,092
Equity awards (grant-date value)$890,010
All other compensation$0
Total cost of the board$1,717,102

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Piedmont Realty Trust, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Piedmont Realty Trust, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Empire State Realty Trust, Inc.2025Anthony Malkin$896,923$9,422,697$0$0$12,669,394
2Easterly Government Properties, Inc.2025Darrell Crate825,0008,508,5190930,00010,277,519
3Cousins Properties Incorporated2025M. Colin Connolly791,8136,154,83001,705,5648,688,925
4Urban Edge Properties2025Jeffrey Olson1,100,0004,892,46502,091,2438,106,208
5InvenTrust Properties Corp.2025Daniel Busch950,0004,627,08402,012,8137,597,244
6COPT Defense Properties2025Stephen Budorick799,4235,085,41701,680,0007,582,340
7Acadia Realty Trust2025Kenneth Bernstein850,0003,574,54402,486,8986,922,230
8LXP Industrial Trust2025T. Wilson Eglin840,0004,044,98201,442,4386,645,384
9AH Realty Trust2025Shawn Tibbetts672,3854,411,4280953,2506,091,906
10Brandywine Realty Trust2025Gerard Sweeney800,0003,472,94001,520,0005,812,631
11Piedmont Realty Trust, Inc.2025C. Brent Smith710,0003,766,34201,250,0005,757,342
12JBG SMITH Properties2025W. Matthew Kelly750,0003,499,99401,260,0005,521,861
13Highwoods Properties, Inc.2025Theodore Klinck772,0672,795,39701,291,1545,124,352
14LTC Properties, Inc.2025Pamela Shelley-Kessler650,0002,250,00001,117,1884,027,538

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Piedmont Realty Trust, Inc.117%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR) relative to peersFerguson Partners Consulting L.P.
Acadia Realty Trust145%LTIP Units 100Yes — Relative TSR vs. Nareit Shopping Center IndexFerguson Partners Consulting (FPC)
AH Realty Trust123%LTIP Units 100Yes — Relative TSR Performance v. Custom Peer GroupFerguson Partners
Brandywine Realty Trust95%RSU 50 · PSU 50NoPay Governance LLC
COPT Defense Properties150%PSU 60 · LTIP Units 40Yes — Total Shareholder Return (TSR)Ferguson Partners Consulting, L.P.
Cousins Properties Incorporated143.6%PSU 60 · RSU 40NoFerguson Partners Consulting
Easterly Government Properties, Inc.78%LTIP Units 100Yes — Absolute TSRFTI Consulting
Empire State Realty Trust, Inc.164%PSU 55 · LTIP Units 45Yes — TSR performance relative to the Nareit Office IndexFerguson Partners
Highwoods Properties, Inc.119%RSU 50 · MSU 50Yes — Relative TSR vs FTSE NAREIT Equity Office IndexPearl Meyer
InvenTrust Properties Corp.212%RSU 100NoFerguson Partners Consulting
JBG SMITH Properties168%not disclosedNoFerguson Partners Consulting
LTC Properties, Inc.137.5%RSU 50 · PSU 50Yes — Absolute TSRFrederic W. Cook & Co., Inc.
LXP Industrial Trustnot disclosedPSU 60 · RSU 40Yes — Relative TSR compared to MSCI US REIT IndexFerguson Partners Consulting, L.P.
Urban Edge Properties190%LTIP Units 100Yes — Absolute TSRFarient Advisors

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Piedmont Realty Trust, Inc. in fiscal 2025?
The highest-paid executive at Piedmont Realty Trust, Inc. in fiscal 2025 was C. Brent Smith, who served as President & Chief Executive Officer with total compensation of $5,757,342.
How does Piedmont Realty Trust, Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows that the chief executive's pay falls at the 23rd percentile of the disclosed peer group.
What is Piedmont Realty Trust, Inc.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 39:1.
How did shareholders vote on Piedmont Realty Trust, Inc.'s executive compensation?
Shareholders voted 97.57% in support of the executive compensation plan in the latest vote.
How much does Piedmont Realty Trust, Inc. spend in total on board compensation for fiscal 2025?
The company reported total board compensation for fiscal 2025 was $1,717,102.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, C. Brent SmithDEF 14A2026-03-180001174947-26-000393Section “Summary Compensation Table” · page 68. As printed: 5,757,342. Filing ↗machine: r1 · c6 · span 848772–848781
2Section 01, Sherry RexroadDEF 14A2026-03-180001174947-26-000393Section “Summary Compensation Table” · page 68. As printed: 2,161,043. Filing ↗machine: r4 · c6 · span 853936–853945
3Section 01, George WellsDEF 14A2026-03-180001174947-26-000393Section “Summary Compensation Table” · page 68. As printed: 1,820,561. Filing ↗machine: r10 · c6 · span 864332–864341
4Section 01, Christopher KollmeDEF 14A2026-03-180001174947-26-000393Section “Summary Compensation Table” · page 68. As printed: 1,290,348. Filing ↗machine: r6 · c6 · span 857548–857557
5Section 01, Laura MoonDEF 14A2026-03-180001174947-26-000393Section “Summary Compensation Table” · page 68. As printed: 908,826. Filing ↗machine: r9 · c6 · span 862386–862393
6Section 03, Christopher Kollme PSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗
7Section 03, Christopher Kollme RSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t168 · r22 · c1 · span 967715–967721
8Section 03, George Wells PSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗
9Section 03, Laura Moon PSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗
10Section 03, C. Brent Smith RSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t168 · r8 · c1 · span 953011–953018
11Section 03, George Wells RSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t169 · r18 · c1 · span 991389–991395
12Section 03, Sherry Rexroad PSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗
13Section 03, Sherry Rexroad RSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t168 · r13 · c1 · span 958009–958015
14Section 03, C. Brent Smith PSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗
15Section 03, Laura Moon RSUDEF 14A2026-03-180001174947-26-000393Section “Grants of Plan Based Awards” · grants of plan-based awards table. Filing ↗machine: t169 · r9 · c1 · span 981664–981670
16Section 07, pay ratioDEF 14A2026-03-180001174947-26-000393Section “CEO Pay Ratio”. As printed: 39 : 1. Filing ↗machine: span 1081566–1081570
17Section 08, Kelly H. BarrettDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 275,000. Filing ↗machine: t183 · r1 · c4 · span 1055519–1055526
18Section 08, Glenn G. CohenDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 220,000. Filing ↗machine: t183 · r2 · c4 · span 1056660–1056667
19Section 08, Dale H. TaysomDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 207,500. Filing ↗machine: t183 · r9 · c4 · span 1064540–1064547
20Section 08, Barbara B. LangDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 207,500. Filing ↗machine: t183 · r7 · c4 · span 1062413–1062420
21Section 08, Jeffrey J. DonnellyDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 198,448. Filing ↗machine: t183 · r3 · c4 · span 1057819–1057826
22Section 08, Deneen L. DonnleyDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 193,448. Filing ↗machine: t183 · r4 · c4 · span 1058976–1058983
23Section 08, Stephen E. LewisDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 193,448. Filing ↗machine: t183 · r8 · c4 · span 1063569–1063576
24Section 08, Mary M. HagerDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 190,000. Filing ↗machine: t183 · r6 · c4 · span 1061271–1061278
25Section 08, Venkatesh S. DurvasulaDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 31,758. Filing ↗machine: t183 · r5 · c1 · span 1059502–1059508
26Section 08, C. Brent SmithDEF 14A2026-03-180001174947-26-000393Section “Director Compensation”. As printed: 0. Filing ↗
27Section 02, Kelly H. Barrett 2026-05-12Form 42026-05-130001527192-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Kelly H. Barrett 2026-05-12Form 42026-05-130001527192-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Jeffrey J. Donnelly 2026-05-12Form 42026-05-130001042776-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Stephen E. Lewis 2026-05-12Form 42026-05-130002058344-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Barbara B. Lang 2026-05-12Form 42026-05-130001601268-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Mary M. Hager 2026-05-12Form 42026-05-130001956329-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Glenn G. Cohen 2026-05-12Form 42026-05-130001042776-26-000051Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Glenn G. Cohen 2026-05-12Form 42026-05-130001042776-26-000051Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Glenn G. Cohen 2026-05-12Form 42026-05-130001042776-26-000051Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Deneen L. Donnley 2026-05-12Form 42026-05-130001042776-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Jeffrey J. Donnelly 2026-05-12Form 42026-05-130001042776-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Dale H. Taysom 2026-05-12Form 42026-05-130001653251-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Dale H. Taysom 2026-05-12Form 42026-05-130001653251-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Mary M. Hager 2026-05-12Form 42026-05-130001956329-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Deneen L. Donnley 2026-05-12Form 42026-05-130001042776-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Deneen L. Donnley 2026-05-12Form 42026-05-130001042776-26-000050Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Jeffrey J. Donnelly 2026-05-12Form 42026-05-130001042776-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Jeffrey J. Donnelly 2026-05-12Form 42026-05-130001042776-26-000049Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Dale H. Taysom 2026-05-12Form 42026-05-130001653251-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Kelly H. Barrett 2026-05-12Form 42026-05-130001527192-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Stephen E. Lewis 2026-05-12Form 42026-05-130002058344-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Barbara B. Lang 2026-05-12Form 42026-05-130001601268-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Barbara B. Lang 2026-05-12Form 42026-05-130001601268-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Barbara B. Lang 2026-05-12Form 42026-05-130001601268-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Mary M. Hager 2026-05-12Form 42026-05-130001956329-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Stephen E. Lewis 2026-05-12Form 42026-05-130002058344-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
53Section 06, 2026 voteForm 8-K2026-05-120001042776-26-000045Item 5.07 · say-on-pay result. As reported: 97.57% (votes for as printed: 92,507,534). Filing ↗
54Section 06, 2025 voteForm 8-K2025-05-150001042776-25-000105Item 5.07 · say-on-pay result. As reported: 95.91% (votes for as printed: 85,314,153). Filing ↗
55Section 06, 2024 voteForm 8-K2024-05-070001193125-24-133156Item 5.07 · say-on-pay result. As reported: 93.24% (votes for as printed: 84,674,924). Filing ↗
56Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
57Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
58Section 09b board cost (computed)ComputedcomputedCash 827,092 + equity 890,010 + all other 0 = 1,717,102, summed across the director compensation table rows.machine: formula: Σ = 1,717,102
59Empire State Realty Trust, Inc., Section 10b CEO totalDEF 14A2026-04-020001104659-26-038890CEO total compensation as printed in Empire State Realty Trust, Inc.'s own proxy. As printed: 12,669,394. Filing ↗machine: r1 · c18 · span 1693420–1693430
60Easterly Government Properties, Inc., Section 10b CEO totalDEF 14A2026-03-230001622194-26-000008CEO total compensation as printed in Easterly Government Properties, Inc.'s own proxy. As printed: 10,277,519. Filing ↗machine: t32 · r4 · c14 · span 1314670–1314680
61Cousins Properties Incorporated, Section 10b CEO totalDEF 14A2026-03-180000025232-26-000031CEO total compensation as printed in Cousins Properties Incorporated's own proxy. As printed: 8,688,925. Filing ↗machine: r2 · c6 · span 1749369–1749379
62Urban Edge Properties, Section 10b CEO totalDEF 14A2026-03-240001140361-26-010899CEO total compensation as printed in Urban Edge Properties's own proxy. As printed: 8,106,208. Filing ↗machine: r2 · c21 · span 876925–876934
63InvenTrust Properties Corp., Section 10b CEO totalDEF 14A2026-03-190001307748-26-000097CEO total compensation as printed in InvenTrust Properties Corp.'s own proxy. As printed: 7,597,244. Filing ↗machine: t86 · r3 · c7 · span 1486834–1486843
64COPT Defense Properties, Section 10b CEO totalDEF 14A2026-03-300000860546-26-000017CEO total compensation as printed in COPT Defense Properties's own proxy. As printed: 7,582,340. Filing ↗machine: t88 · r2 · c25 · span 765245–765254
65Acadia Realty Trust, Section 10b CEO totalDEF 14A2026-03-310001193125-26-134606CEO total compensation as printed in Acadia Realty Trust's own proxy. As printed: 6,922,230. Filing ↗machine: span 777495–777504
66LXP Industrial Trust, Section 10b CEO totalDEF 14A2026-04-030000910108-26-000015CEO total compensation as printed in LXP Industrial Trust's own proxy. As printed: 6,645,384. Filing ↗machine: t65 · r2 · c15 · span 653567–653576
67AH Realty Trust, Section 10b CEO totalDEF 14A2026-04-300001569187-26-000061CEO total compensation as printed in AH Realty Trust's own proxy. As printed: 6,091,906. Filing ↗machine: span 682444–682453
68Brandywine Realty Trust, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145566CEO total compensation as printed in Brandywine Realty Trust's own proxy. As printed: 5,812,631. Filing ↗machine: t214 · r4 · c24 · span 3086750–3086759
69Piedmont Realty Trust, Inc. (subject), Section 10b CEO totalDEF 14A2026-03-180001174947-26-000393CEO total compensation as printed in Piedmont Realty Trust, Inc.'s own proxy. As printed: 5,757,342. Filing ↗machine: r1 · c6 · span 848772–848781
70JBG SMITH Properties, Section 10b CEO totalDEF 14A2026-03-180001104659-26-030932CEO total compensation as printed in JBG SMITH Properties's own proxy. As printed: 5,521,861. Filing ↗machine: t286 · r3 · c17 · span 1302909–1302918
71Highwoods Properties, Inc., Section 10b CEO totalDEF 14A2026-03-270000921082-26-000030CEO total compensation as printed in Highwoods Properties, Inc.'s own proxy. As printed: 5,124,352. Filing ↗machine: t16 · r2 · c3 · span 333023–333032
72LTC Properties, Inc., Section 10b CEO totalDEF 14A2026-04-080001104659-26-040921CEO total compensation as printed in LTC Properties, Inc.'s own proxy. As printed: 4,027,538. Filing ↗machine: t203 · r7 · c20 · span 1255138–1255147
73Section 10a, AH Realty Trust reciprocityDEF 14A0001569187-26-000061AH Realty Trust names Piedmont Realty Trust, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
74Section 10a, JBG SMITH Properties reciprocityDEF 14A0001104659-26-030932JBG SMITH Properties's most recent proxy was read; its disclosed peer group does not include Piedmont Realty Trust, Inc.. Filing ↗
75Section 10a, Highwoods Properties, Inc. reciprocityDEF 14A0000921082-26-000030Highwoods Properties, Inc. names Piedmont Realty Trust, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
76Section 10a, Brandywine Realty Trust reciprocityDEF 14A0001193125-26-145566Brandywine Realty Trust names Piedmont Realty Trust, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
77Section 10a, Easterly Government Properties, Inc. reciprocityDEF 14A0001622194-26-000008Easterly Government Properties, Inc. names Piedmont Realty Trust, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
78Section 10a, Cousins Properties Incorporated reciprocityDEF 14A0000025232-26-000031Cousins Properties Incorporated names Piedmont Realty Trust, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Acadia Realty Trust reciprocityDEF 14A0001193125-26-134606Acadia Realty Trust's most recent proxy was read; its disclosed peer group does not include Piedmont Realty Trust, Inc.. Filing ↗
80Section 10a, LXP Industrial Trust reciprocityDEF 14A0000910108-26-000015LXP Industrial Trust's most recent proxy was read; its disclosed peer group does not include Piedmont Realty Trust, Inc.. Filing ↗
81Section 10a, COPT Defense Properties reciprocityDEF 14A0000860546-26-000017COPT Defense Properties names Piedmont Realty Trust, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
82Section 10a, Urban Edge Properties reciprocityDEF 14A0001140361-26-010899Urban Edge Properties's most recent proxy was read; its disclosed peer group does not include Piedmont Realty Trust, Inc.. Filing ↗
83Section 10a, LTC Properties, Inc. reciprocityDEF 14A0001104659-26-040921LTC Properties, Inc. names Piedmont Realty Trust, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗