{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-391291","form_type":"8-K","ticker":"PDM","cik":"0001042776","company_name":"Piedmont Realty Trust, Inc.","filed_at":"2026-09-15T11:00:06+00:00","discovered_at":"2026-09-15T11:05:00.956809+00:00","generated_at":"2026-09-15T11:06:23.810972+00:00","sec_items":["8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Piedmont prices $200M 2.875% exchangeable notes due 2031, redeems 2028 notes and buys back shares","bullets":["Piedmont priced $200M of 2.875% exchangeable senior notes due 2031; initial exchange price $12.65 per share (37.5% premium over $9.20 close).","Net proceeds ~$194.3M used to redeem all outstanding 9.250% senior notes due 2028 and repurchase 5,434,782 shares at $9.20 (~$50M).","Initial purchasers have option to buy up to $30M additional notes within 13 days; proceeds would reach ~$223.5M if exercised.","Notes issued by Piedmont Operating Partnership, fully guaranteed by Piedmont Realty Trust; settlement on Sept 17, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-391291","json":"https://secwatch.observer/filing/0001193125-26-391291.json","markdown":"https://secwatch.observer/filing/0001193125-26-391291.md","text":"https://secwatch.observer/filing/0001193125-26-391291.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042776/000119312526391291/0001193125-26-391291-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042776/000119312526391291/d822116d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-15T11:06:23.810972+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}