{"filings":[{"id":724478,"accession_number":"0001193125-26-245564","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2026-05-28T21:25:24+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Piedmont Realty ups term loan to $400M, extends maturity to May 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Term loan increased by $75M to $400M; existing $325M plus $75M incremental from new and existing lenders.","Maturity extended to May 28, 2031; current interest rate set at SOFR + 1.15%.","Interest rate margins tied to credit ratings; range from 0.75% to 1.55% over benchmark rates.","Morgan Stanley Bank, N.A. added as new lender; existing lenders increased commitments.","Guaranty reaffirmed by Piedmont Realty Trust, Inc.; no prepayment penalty or premium."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":40650,"accession_number":"0001042776-26-000045","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2026-05-12T20:15:32+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Shareholders approve 5M-share incentive plan increase; all director nominees elected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved Third Amended and Restated Omnibus Incentive Plan, increasing share pool by 5M to 18.7M shares.","All nine director nominees elected for one-year terms expiring 2027, including Barrett, Cohen, Donnelly, Donnley, Hager, Lang, Lewis, Smith, Taysom.","Ratified Deloitte & Touche as independent auditor for FY2026 (103.6M votes for, 1.5M against).","Advisory 'say-on-pay' compensation vote passed with 92.5M for, 2.3M against (9.7% against).","Plan approval vote showed notable opposition: 75.2M for, 19.6M against (~20.6% against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":90802,"accession_number":"0001042776-26-000043","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Realty Trust releases Q1 2026 earnings; filing omits specific figures","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Earnings release and supplemental information issued on April 30, 2026, and posted to the company's website.","The furnished exhibit includes only a header page; no revenue, EPS, NOI, or other quantitative data is presented.","Ticker PDM trades on NYSE; the company is a real estate investment trust (REIT) based in Atlanta, Georgia."],"consensus_eps_estimate":-0.0303,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":143294000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100615,"accession_number":"0001042776-26-000009","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2026-02-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Realty Trust releases Q4 2025 and full-year 2025 earnings","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Earnings release and supplemental package issued Feb 11, 2026 for quarter and year ended Dec 31, 2025.","Exhibit 99.1 contents not fully provided; specific financial figures are unavailable from this filing.","No guidance or material updates are reported beyond the standard earnings announcement."],"consensus_eps_estimate":-0.0505,"consensus_eps_actual":-0.67,"consensus_revenue_estimate":null,"consensus_revenue_actual":564994000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":100614,"accession_number":"0001042776-26-000004","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Piedmont Realty promotes Alex Valente to Co-COO effective immediately","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Alex Valente, 40, appointed Executive VP and Co-COO effective Feb 3, 2026.","He will oversee Eastern portfolio of ~9M sq ft in Atlanta, Orlando, Northern VA/DC, Boston.","Valente previously served as EVP of Southeast Region since 2019, with 20 years at Piedmont.","He will work alongside George M. Wells and lead new operational initiatives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116930,"accession_number":"0001193125-25-289778","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-11-20T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Piedmont issues $400M 5.625% Senior Notes due 2033 to refinance higher-cost 2028 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $400M 5.625% Senior Notes due Jan 15, 2033; interest payable semi-annually starting July 15, 2026.","Proceeds, with credit line borrowings and cash, to fund tender offer for all outstanding 9.250% senior notes due 2028.","Notes fully guaranteed by Piedmont Realty Trust; redemption at make-whole before Nov 15, 2032, then at par.","Indenture covenants limit secured/unsecured debt and require unencumbered assets >= 150% of unsecured debt.","Underwriting agreement with Wells Fargo, BofA, J.P. Morgan, TD Securities, Truist Securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116929,"accession_number":"0001193125-25-279166","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Piedmont Realty Trust commences cash tender offer for all $532M of 9.250% senior notes due 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal amount $532,460,000; fixed spread 95 bps over 3.50% UST due Nov 15, 2028.","Tender offer expires at 5:00 p.m. NYC time on Nov 19, 2025; settlement expected Nov 20.","Offer conditioned on completion of concurrent senior notes offering; no minimum tender condition.","Holders may withdraw tendered notes at any time prior to expiration or after 60 business days.","Dealer managers: BofA Securities, TD Securities, Wells Fargo; tender agent D.F. King."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116928,"accession_number":"0001042776-25-000158","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Realty Trust reports Q3 2025 results; details unavailable from filing text","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Third quarter 2025 earnings release and supplemental information issued on October 27, 2025.","No specific financial figures (EPS, revenue, occupancy) extracted from the attached exhibit.","Earnings release posted on company website under Investor Relations; full exhibit contains the data."],"consensus_eps_estimate":-0.0505,"consensus_eps_actual":-0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":422141000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133373,"accession_number":"0001042776-25-000146","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-09-16T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Piedmont amends credit agreements to remove SOFR credit spread adjustment","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Removed credit spread adjustment from SOFR rates on revolving and term loan facilities.","Changes apply to definitions of Adjusted Daily Effective SOFR Rate and Adjusted Term SOFR Rate.","All lenders unanimously consented; no other terms modified.","Effective September 16, 2025; Parent reaffirmed its facility guaranty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133372,"accession_number":"0001193125-25-169377","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Piedmont files new shelf registration, amends ATM program for up to $250M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed new Form S-3 shelf registration replacing prior one; no specific issuance currently contemplated.","Amended Equity Distribution Agreement to allow up to $250M aggregate gross sales price of common stock via ATM.","Entered into amendments to Master Forward Confirmations with forward purchasers and sellers.","Sales, if any, will be at market prices through ordinary brokers' transactions on NYSE."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":133371,"accession_number":"0001042776-25-000139","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-07-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Realty Trust reports Q2 2025 earnings; detailed numbers not disclosed in filing excerpt","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Issued earnings release and supplemental information for Q2 2025 on July 28, 2025.","Exhibit 99.1 attached but lacks detailed financial data (only index page provided).","No specific revenue, FFO, or EPS figures available in the filing excerpt.","Company ticker: PDM (NYSE)."],"consensus_eps_estimate":-0.0505,"consensus_eps_actual":-0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":282978000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150037,"accession_number":"0001193125-25-137827","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-06-09T23:59:59+00:00","items":["5.03","7.01","9.01"],"status":"ready","headline":"Piedmont Office Realty Trust changes name to Piedmont Realty Trust; ticker PDM unchanged","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Name changed to 'Piedmont Realty Trust, Inc.' effective June 6, 2025 via charter amendment; no shareholder vote required.","Common stock ticker (PDM) and CUSIP unchanged; old name trades through June 19, new name starts June 20.","Press release cites rebrand to reflect 'Piedmont PLACEs' strategy focused on elevated service and community.","No changes to operations, strategy, or financials; purely a branding update."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150036,"accession_number":"0001042776-25-000105","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-05-15T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Piedmont Office Realty Trust reports 2025 Annual Meeting voting results","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected with >83M votes each for one-year terms expiring 2026.","Ratification of Deloitte as independent auditor passed with 102.4M votes for (99.3% of votes).","Advisory vote on executive compensation approved with 85.3M votes for (95.5% of votes cast).","Broker non-votes of 13.9M shares on all director and compensation items."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150035,"accession_number":"0001042776-25-000076","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Office Realty Trust files Q1 2025 earnings; full results not available in excerpt","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Earnings release and supplemental info for Q1 2025 furnished April 28, 2025 via Exhibit 99.1.","Specific financial figures (e.g., revenue, EPS, occupancy) are absent from the provided filing text.","Investors must consult the complete exhibit or website for material quarterly data.","No guidance, dividend, or key metric changes can be extracted from the partial document."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":142686000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169040,"accession_number":"0001042776-25-000053","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-02-27T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Piedmont appoints Donnley, Lewis, Donnelly as directors; board now 10 members","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Deneen Donnley (SVP & GC, Con Edison), Stephen Lewis (retired Chair/CEO, Troutman Pepper), and Jeffrey Donnelly (CEO, DiamondRock Hospitality) joined board effective Feb 26, 2025.","Board expands to ten members; compensation aligns with existing non-employee director terms described in the 2024 proxy statement.","No disclosable related-party transactions involving the new appointees were identified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169039,"accession_number":"0001193125-25-026093","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Piedmont increases term loan by $125M, extends revolver to 2028, repays $250M loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended $200M term loan to $325M; added two six-month extension options.","Amended and restated $600M revolver, maturity extended to June 30, 2028; can increase to $1.1B.","Proceeds from increase plus cash and revolver used to repay $250M term loan due March 2025.","Revolver interest spread 0.725%-1.40% over SOFR based on credit rating; current spread 1.05%.","Covenants include unencumbered interest coverage ≥1.75x and net leverage ≤0.60x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169038,"accession_number":"0001042776-25-000031","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Q4 net loss $30M, Core FFO $0.37; guides FY25 lower; 2024 leasing strongest in 9 years","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss Q4 $30M ($0.24/diluted), full year net loss $79M ($0.64) vs $48M loss prior year.","Core FFO per diluted share Q4 $0.37 (vs $0.41 YoY), FY $1.49 (vs $1.74).","Full-year leasing 2.4M sf (most since 2015); new tenant leasing 1.0M sf; leased % 88.4% up from 87.1%.","Refinanced term loan to $325M, revolver to $600M, extending maturities; no debt maturities until 2028.","2025 guidance: Core FFO $1.38-$1.44; net loss $46-$49M; Same Store NOI flat to +3%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":570324000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.68,"calibrated_materiality_score":0.68,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186123,"accession_number":"0001042776-24-000116","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-12-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Piedmont Office Realty EVP Robert Wiberg to depart Dec 31; $10k/month consulting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Robert K. Wiberg, EVP - Northwest and Head of Development, will leave Piedmont Office Realty effective December 31, 2024.","Departure is a termination without cause; Wiberg receives severance benefits per the company's standard plan.","Wiberg will enter a 12-month consulting agreement at $10,000 per month to provide requested services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186122,"accession_number":"0001042776-24-000110","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-10-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Office posts Q3 Core FFO $0.36, down from $0.43 YoY; YTD leasing hits 2M sf","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Core FFO per diluted share $0.36 vs $0.43 in Q3 2023; net loss improved to $11.5M from $17.0M.","YTD leasing totals ~2M sf, highest first nine months since 2015; portfolio leased 88.8% (up from 87.1% at YE 2023).","Sold 750 West John Carpenter Freeway in Dallas for $23M in Q3; liquidity $600M line + $133.6M cash.","Narrowed 2024 Core FFO guidance to $1.48-$1.50 per share from $1.46-$1.52.","Board declared Q4 dividend of $0.125/share, payable Jan 2, 2025 (unchanged)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":427093000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202732,"accession_number":"0001193125-24-229074","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-09-30T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Piedmont appoints Sherry Rexroad as CFO effective Nov 8, 2024; Bowers to depart Dec 31","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sherry Rexroad appointed CFO, initially joining as EVP Finance on Oct 1, 2024, then CFO Nov 8, 2024.","Robert Bowers will remain through Dec 31, 2024, under a separation agreement with severance consistent with prior proxy disclosure.","Rexroad receives base salary of $475K, target bonus 100% of base, one-time deferred stock unit award of $600K, and $50K relocation bonus.","Adopted Executive Severance Plan covering CEO, Executive Officers, and designated EVPs; includes severance multipliers and 1-year non-compete.","Rexroad previously served as CFO of STORE Capital and spent 10 years at BlackRock Global Real Asset Securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":202731,"accession_number":"0001042776-24-000097","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Office Realty Q2 net loss widens to $9.8M, but leasing hits decade-high 1M sf","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $9.8M ($0.08 diluted) vs $2.0M loss a year ago; Core FFO per share $0.37 vs $0.45.","Completed over 1M sf of leasing (65 deals), including 404k sf new tenant; cash rent roll-up 15.2%.","Issued $400M 6.875% senior notes due 2029; repaid line of credit and $25M term loan; addresses maturities.","2024 Core FFO guidance narrowed to $182-189M ($1.46-1.52); Same Store NOI growth raised to 2-3%.","Q3 dividend $0.125/share payable Sept 20; leased percentage 87.3%, with $51M future annual cash rents."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":287800000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":218900,"accession_number":"0001193125-24-167911","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-06-25T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Piedmont Office Realty Trust issues $400M of 6.875% Senior Notes due 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $400M aggregate principal of 6.875% Senior Notes due July 15, 2029; interest semi-annual starting Jan 15, 2025.","Notes fully and unconditionally guaranteed by Piedmont Office Realty Trust, Inc.","Net proceeds to repay 2023 term loan and 2022 line of credit; remainder for working capital and general corporate purposes.","May redeem any time before June 15, 2029 at make-whole price; after that at par.","Covenants limit secured/unsecured debt and require unencumbered assets ≥150% of unsecured debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":218899,"accession_number":"0001193125-24-133156","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["1.01","5.02","8.01","5.07","9.01"],"status":"ready","headline":"Piedmont amends credit facilities to permit convertible debt; appoints Kelly Barrett as Board Chair","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered amendments to $200M, $250M, and $600M unsecured credit facilities to conform terms and permit certain convertible indebtedness.","Kelly H. Barrett appointed Chair of Board; former Chair Frank McDowell and Jeffrey L. Swope retired at annual meeting.","Dale H. Taysom named Chair of Capital Committee effective May 7, 2024.","Shareholders approved 5M share increase to 2007 Omnibus Incentive Plan, raising total authorized to 13,666,667 shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":218898,"accession_number":"0001042776-24-000068","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Q1 net loss $27.8M on $18.4M impairment; Core FFO $0.39 vs $0.46 YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $27.8M ($0.22 diluted) vs loss of $1.4M ($0.01) in Q1 2023, including $18.4M impairment charges.","Core FFO of $0.39 per diluted share vs $0.46 prior year, impacted by $7.6M increase in interest expense.","Same Store NOI cash basis increased 5.1%; leasing activity of 500K SF, 328K SF new tenant.","Sold One Lincoln Park (Dallas) for $54M ($210/SF); repaid remaining $50M of 2024 Senior Notes.","Affirmed 2024 guidance: Core FFO $1.46-$1.56 per diluted share; year-end leased % 87-88%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":144538000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238801,"accession_number":"0001042776-24-000005","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-02-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont posts Q4 net loss of $28M; Core FFO $0.41 vs $0.50 YoY; guides 2024 Core FFO $1.46-$1.56","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $28M in Q4 (vs $75.6M income in Q4 2022); diluted EPS -$0.23.","Core FFO $0.41 per diluted share in Q4, down from $0.50; full-year Core FFO $1.74 vs $2.00.","Leasing 816k sq ft in Q4; annual leasing 2.2M sq ft; new tenant leasing 831k (largest since 2018).","Issued $200M of 9.25% notes due 2028; new $200M term loan refinanced near-term maturities.","2024 guidance: Core FFO $1.46-$1.56; Same Store NOI flat to +2%; annual leasing ~1.5-2M sq ft."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":577756000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":238800,"accession_number":"0001193125-24-019511","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2024-01-30T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Piedmont OP enters $200M unsecured term loan to refinance $290M of existing debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $200M floating-rate term loan matures Jan 29, 2027; proceeds used to repay $100M Dec 2024 loan and $190M of $215M loan due Jan 31, 2024.","Remaining $25M of the $215M loan extended to Jan 31, 2025.","Interest rate set at Adjusted Daily Simple SOFR + 1.30% (Level 4 credit rating).","Covenants include unencumbered interest coverage >=1.75x, leverage <=0.60x, secured debt <=0.40x.","Syndicated with Truist as admin agent; JPMorgan and TD Bank as co-syndication agents."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256288,"accession_number":"0001193125-23-292644","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-12-11T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Piedmont Office Realty Trust issues $200M additional 9.250% Senior Notes due 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $200M aggregate principal of 9.250% Senior Notes due July 20, 2028, under existing indenture.","Additional Notes are fungible with existing $400M notes; all $600M outstanding single series.","Interest payable semi-annually Jan 20 / Jul 20 at 9.250% p.a., subject to adjustment.","Proceeds to be used for general corporate purposes, including debt repayment and capex.","Notes fully guaranteed by Piedmont Office Realty Trust, Inc.; redeemable at make-whole prior to June 20, 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256287,"accession_number":"0001042776-23-000162","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont posts Q3 net loss of $17M; Core FFO down 14% to $0.43; leases 302k sf","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $17M ($0.14 diluted loss) vs net income of $3.3M ($0.03 EPS) in Q3 2022.","Core FFO per diluted share fell to $0.43 from $0.50 YoY; $10.1M higher interest expense and $11M goodwill impairment.","Leased percentage improved to 86.7% (up 50 bps QoQ); 302k sf leased including 170k sf new tenant leases.","Post-quarter executed 600k+ sf leases: GE Vernova (77k sf) and US Bancorp renewal (447k sf).","Issued $400M 9.25% senior notes due 2028, refinanced 2024 maturities; weighted avg debt cost 5.46%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":432425000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273701,"accession_number":"0001193125-23-193273","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-07-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Piedmont tender offer for 4.450% notes due 2024: $349.8M of $400M tendered (87.5%)","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Tender offer results: $349.8M principal tendered plus $0.5M via guaranteed delivery, total 87.5% of $400M outstanding.","Operating Partnership accepted all validly tendered notes at par ($1,000/$1,000) plus accrued interest.","Settlement date expected July 27, 2023; no further tenders accepted.","BofA Securities and J.P. Morgan acted as dealer managers for the tender offer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273700,"accession_number":"0001193125-23-190290","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-07-20T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Piedmont issues $400M 9.250% notes due 2028; proceeds for tender of 4.45% notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $400M aggregate principal of 9.250% Senior Notes due July 20, 2028, with semi-annual interest.","Net proceeds, with cash on hand, to fund purchase of all outstanding 4.45% senior notes due 2024 via tender offer.","If tender not consummated fully, remaining proceeds to repay 2022 line of credit borrowings or general corporate purposes.","Notes are fully and unconditionally guaranteed by Piedmont Office Realty Trust, Inc.","Indenture includes covenants limiting secured/unsecured debt and requiring unencumbered assets ≥150% of unsecured debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273699,"accession_number":"0001042776-23-000147","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-07-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Q2 net loss $2.0M ($0.02/sh); issues $400M 9.25% notes; lowers Core FFO guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss applicable to Piedmont of $2.0M vs net income $8.0M in Q2 2022; diluted EPS -$0.02 vs +$0.06.","Core FFO $0.45/diluted share vs $0.50 a year ago; increase in interest expense of $9.6M drove the decline.","Closed $400M senior notes offering at 9.25% due 2028; proceeds to fund tender offer for 2024 notes.","Leased 581k sq ft in Q2 (70% retention, 14%+ cash rent roll up); leased percentage 86.2% at June 30.","Revised 2023 Core FFO guidance to $1.74-$1.80/sh from $1.80-$1.90, reflecting higher interest expense."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":285439000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":273698,"accession_number":"0001193125-23-188567","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-07-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Piedmont Office Realty Trust commences tender offer to repurchase all $400M of 4.450% notes due 2024","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Tender offer for any and all $400M aggregate principal of 4.450% senior notes due 2024 at $1,000 per $1,000 principal plus accrued interest.","Offer expires July 24, 2023; settlement expected July 27, 2023.","Tender offer conditioned on completion of proposed debt financing; no minimum tender condition.","BofA Securities and J.P. Morgan are dealer managers; D.F. King is tender agent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290722,"accession_number":"0001042776-23-000113","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-05-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Piedmont Office Realty Trust reports 2023 annual meeting voting results","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All nine director nominees elected with over 89M votes each; broker non-votes of 11.3M.","Ratification of Deloitte as auditor for FY2023 passed: 101.3M for, 3.4M against.","Advisory say-on-pay compensation approved: 87.3M for, 4.8M against.","Advisory frequency vote: annual won with 90.3M votes; board will hold annual say-on-pay until 2029."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":290721,"accession_number":"0001042776-23-000111","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Q1 net loss $1.4M; Core FFO $0.46/shr; leasing volume 544K sf; dividend $0.21","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss applicable to Piedmont $1.4M vs net income $60.0M in Q1 2022 (incl. $50.7M prior-year gain).","Core FFO per diluted share $0.46, down $0.05 YoY due to $8.2M higher interest expense.","Completed 544K sf of leasing (270K sf new tenant leasing, largest quarterly since 2018).","Affirmed 2023 Core FFO guidance $1.80-$1.90 per share; year-end leased % target 87-88%.","Declared Q2 dividend $0.21/share, payable June 16, 2023 to holders of record May 26."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":142367000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311585,"accession_number":"0001042776-23-000032","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K/A","filed_at":"2023-02-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont files 8-K/A to correct typographical errors in Q4 2022 supplemental data","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Corrected typographical errors on diluted EPS and Core FFO per share for all periods in Q4 2022 supplemental.","No changes to the previously filed Q4 2022 press release; it was accurate as issued.","Correction relates to p.5 of supplemental info; corrected version filed as Exhibit 99.2."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311587,"accession_number":"0001042776-23-000021","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-02-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Q4 2022: Net income $75.6M, Core FFO $0.50; 2023 guidance Core FFO $1.80-$1.90","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $75.6M ($0.61 diluted EPS) vs net loss $31.8M in Q4 2021; includes $101.1M gain on sale of Cambridge, MA assets.","Core FFO per diluted share $0.50 in Q4 vs $0.51 prior year; full year 2022 Core FFO $2.00 vs $1.97.","Executed 2.2M sf of leasing in 2022, leased percentage 86.7% at year-end (up from 85.5%).","Sold Cambridge properties for ~$160M; extended $200M term loan to June 2025; entered $215M term loan to repay $350M notes due June 2023.","2023 guidance: Core FFO $1.80-$1.90 per share; interest expense expected to increase ~$27M vs 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":1.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":563766000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":311586,"accession_number":"0001193125-23-024178","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2023-02-03T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Piedmont OP enters $215M floating-rate term loan to refinance June 2023 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$215M unsecured term loan with one-year term and option to extend to Jan 31, 2025.","Proceeds to repay majority of $350M senior notes due June 1, 2023; balance from cash, dispositions, or revolver.","Interest at Daily Simple SOFR + 1.05% at closing; spread ranges 0.85%-1.70% based on credit rating.","Covenants: unencumbered interest coverage ≥1.75, leverage ≤0.60, secured debt ≤0.40."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330156,"accession_number":"0001042776-22-000197","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-12-14T23:59:59+00:00","items":["1.01","2.03","5.02","9.01"],"status":"ready","headline":"Piedmont extends $200M term loan to June 2025; appoints Mary Hager to board","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended $200M unsecured term loan facility to extend final maturity to June 18, 2025, with a six-month extension option.","Mary Hager (Executive Director at Greystar) appointed to board effective Dec 13, 2022, expanding board to nine members.","Hager will serve on Nominating and Governance Committee; compensation same as other non-employee directors.","Hager co-leads Greystar-Thackeray and commercial real estate; prior Co-CEO and co-founder of Thackeray Partners.","All other material terms of the term loan facility remain unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":330155,"accession_number":"0001042776-22-000186","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Q3 Core FFO $0.50/sh flat YoY; narrows 2022 Core FFO guidance to $1.99-$2.01","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income applicable to Piedmont $3.3M ($0.03/diluted share) in Q3 2022, down from $11.3M ($0.09) in Q3 2021.","Core FFO per diluted share $0.50, flat YoY; 2022 guidance narrowed to $1.99-$2.01 per share from $1.99-$2.05.","Q3 leasing included 444,000 sq ft with 33.1% cash rent roll up; year-end leased percentage expected ~87%.","Acquired 1180 Peachtree Street in Atlanta for ~$465M, including assumed $197M mortgage at 4.1% through 2028.","Declared Q4 2022 dividend $0.21/share, payable Jan 3, 2023 to holders of record Nov 25, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":0.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":416558000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347722,"accession_number":"0001193125-22-222358","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-08-16T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Piedmont OP assumes $197M fixed-rate loan for 1180 Peachtree at 4.1% due 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Piedmont OP assumed $197M loan secured by 1180 Peachtree in Atlanta; fixed rate 4.1%, maturity Oct 1, 2028.","Loan is interest-only until Oct 1, 2023, then amortizes; $985K assumption fee paid to lender.","Original borrower released from liability except for pre-closing obligations; new borrower assumes all duties."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347721,"accession_number":"0001042776-22-000162","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-08-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Piedmont appoints Tesh Durvasula as independent director, effective Aug 1","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Venkatesh (\"Tesh\") S. Durvasula appointed to board and Capital Committee.","Durvasula is CEO of Africa Data Centres and former CEO/President of CyrusOne (a $12B data center REIT).","Compensation on same basis as other non-employee directors, per 2022 proxy statement.","No transactions requiring disclosure under Item 404(a) at this time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347720,"accession_number":"0001193125-22-206770","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-07-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Piedmont files new shelf registration and $250M ATM equity distribution agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed new S-3 shelf registration replacing expiring one; no immediate offerings planned.","Entered Equity Distribution Agreement for up to $250M in common stock sales via ATM program.","Agreement includes forward sale provisions with seven banks as managers and forward purchasers.","Company may sell shares at market prices; no obligation to sell any shares.","Proceeds from forward sales would be received upon physical settlement; cash or net share settlement also possible."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347719,"accession_number":"0001193125-22-203457","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-07-27T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Piedmont OP enters $200M unsecured term loan to fund 1180 Peachtree acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$200M delayed-draw floating-rate unsecured term loan facility entered July 22, 2022.","Proceeds used to fund majority of cash purchase price for 1180 Peachtree Street, Midtown Atlanta.","Initial term of six months, with two optional three-month extensions to July 24, 2023.","Interest rate: Adjusted Term SOFR + 0.80%-1.65% spread based on credit rating; initially 1.00%.","Financial covenants include unencumbered interest coverage ≥1.75x, leverage ≤0.60x, secured debt ≤0.40x."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":347718,"accession_number":"0001042776-22-000153","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-07-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Office Realty Q2 core FFO $0.50/shr; acquires 1180 Peachtree for $465M; portfolio 87% leased","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $8.0M ($0.06/shr) vs $9.9M ($0.08/shr) YoY; Core FFO $0.50/shr vs $0.48/shr.","Same Store NOI up 1.8% (cash) and 2.8% (accrual); portfolio 87.0% leased vs 85.5% at year-end 2021.","Executed 724K sq ft leasing in Q2, including 233K sq ft new tenant leases; weighted-average lease term ~6.5 years.","Binding contract to buy 1180 Peachtree St, Atlanta for $465M net; expected close Q3 2022; initial NOI yield 6.3%.","Entered $200M bridge loan; amended credit line to $600M, extended maturity to 2027; Q3 dividend $0.21/shr."],"consensus_eps_estimate":null,"consensus_eps_actual":0.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":272458000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364232,"accession_number":"0001193125-22-174832","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-06-15T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Piedmont expands credit facility to $600M, extends maturity to 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Line of credit increased from $500M to $600M; maturity extended from Sept 2022 to June 30, 2026.","Initial interest rate set at Adjusted SOFR plus 85 bps; spread ranges from 0.725% to 1.40% based on credit rating.","Borrower may increase facility by up to $500M (total $1.1B) with lender consent.","Financial covenants include unencumbered interest coverage >= 1.75, net leverage <= 0.60, secured net debt <= 0.40."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364231,"accession_number":"0001042776-22-000124","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-05-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"All seven director nominees elected; Deloitte ratified; say-on-pay approved at Piedmont annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected all seven director nominees to one-year terms expiring 2023, including Kelly H. Barrett, Glenn G. Cohen, Barbara B. Lang, Frank C. McDowell, C. Brent Smith, Jeffery L. Swope, Dale H. Taysom.","Ratified Deloitte & Touche LLP as independent auditor for fiscal 2022: 106.8M for, 0.7M against, 0.2M abstain.","Advisory vote on named executive officer compensation approved: 93.0M for, 3.9M against, 10.4M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":364230,"accession_number":"0001042776-22-000097","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Office Realty Q1 Core FFO $0.51, up 6% YoY; raises 2022 FFO guidance midpoint $0.01","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $60M ($0.49 diluted) incl. $50.7M gain on sale; Core FFO $0.51 (up 6% YoY).","Same Store NOI up 5.1% cash, 2.5% accrual; portfolio leased 87% vs 85.5% at Q4 2021.","Leased 552k sq ft, 243k new tenant leasing (largest quarterly new leasing since 2018).","Sold Boston asset for $129M (gain ~$49M) and Chicago asset for $24M; Sunbelt now 63% of rent.","Declared Q2 dividend $0.21/share; raised 2022 Core FFO guidance midpoint to $2.03 from $2.02."],"consensus_eps_estimate":null,"consensus_eps_actual":0.49,"consensus_revenue_estimate":null,"consensus_revenue_actual":136149000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":383950,"accession_number":"0001042776-22-000026","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2022-02-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Office reports Q4 2021 net loss of $31.8M on $41M impairment; Core FFO $0.51/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss applicable to Piedmont of $31.8M ($0.26 diluted EPS) for Q4 2021; includes $41M impairment on Chicago asset.","Core FFO per share of $0.51 in Q4 2021, up 11% YoY; full-year 2021 Core FFO $1.97/share.","Same Store NOI increased 5.8% (cash) and 5.2% (accrual) in Q4; portfolio 86% leased as of Dec 31, 2021.","Acquired 999 Peachtree Street in Atlanta for $223.9M; sold two non-core assets in Jan 2022 for combined $153M.","Introduced 2022 Core FFO guidance of $1.97-$2.07 per diluted share; Q1 dividend unchanged at $0.21/share."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":528710000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":401791,"accession_number":"0001042776-21-000184","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2021-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Piedmont Q3 Core FFO $0.50/sh; raises guidance; buys 999 Peachtree ($223.9M)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $11.3M ($0.09/sh), Core FFO $62M ($0.50/sh), both up YoY.","Raised 2021 Core FFO guidance to $1.95-$1.98/sh (from $1.90-$1.96).","Acquired 999 Peachtree St, Atlanta (622K sf, 77% leased) for $223.9M ($360 psf).","Under contract to sell 225&235 Presidential Way, Woburn, MA for $129M ($293 psf); close early 2022.","Issued $300M 2.75% Senior Notes due 2032; repaid $300M unsecured term loan."],"consensus_eps_estimate":null,"consensus_eps_actual":0.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":390546000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":420719,"accession_number":"0001193125-21-277370","cik":1042776,"company_name":"Piedmont Realty Trust, Inc.","ticker":"PDM","form_type":"8-K","filed_at":"2021-09-20T23:59:59+00:00","items":["1.01","1.02","2.03","2.04","8.01","9.01"],"status":"ready","headline":"Piedmont Office Realty issues $300M 2.750% Notes due 2032, repays term loan","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $300M aggregate principal of 2.750% Senior Notes due April 1, 2032.","Notes fully and unconditionally guaranteed by Piedmont Office Realty Trust.","Net proceeds used to prepay entire balance of $300M 2011 Term Loan and terminate agreement.","Interest payable semi-annually Apr 1 and Oct 1, starting Apr 1, 2022.","Indenture contains covenants including 150% unencumbered asset coverage for unsecured debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1056410535.9501187,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2021-09-20T23:59:59+00:00|420719"}