secwatch / observer

Piedmont Realty Trust, Inc. — fact timeline

Source-grounded facts extracted from Piedmont Realty Trust, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PDM Piedmont Realty Trust, Inc. JSON
Debt Financings

Piedmont Realty Trust, Inc. amended credit facility of to $400 million from $325 million at SOFR + 1.15% maturing May 28, 2031.

“On May 28, 2026, Piedmont Realty Trust, Inc. (the “Registrant”) and its operating partnership, Piedmont Operating Partnership, LP (“Piedmont OP”), entered into an amendment (the “Amendment”) to its Term Loan Agreement, dated January 30, 2024, as amended (the “Term Loan Agreement”) to, among other things, increase the principal amount to $400 million from $325 million and extend the maturity date to May 28, 2031.”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Approval of Third Amended and Restated Omnibus Incentive Plan at the 2026-05-12 meeting.

“Finally, the Registrant's stockholders voted to approve the Third Amended and Restated Omnibus Incentive Plan as disclosed in the proxy statement as follows: Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained Broker Non-Votes 75,185,678 19,590,850 231,192 10,136,450”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Advisory vote to approve compensation of named executive officers at the 2026-05-12 meeting.

“The Registrant's stockholders voted to approve, on an advisory basis, the compensation of the named executive officers as disclosed in the proxy statement as follows: Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained Broker Non-Votes 92,507,534 2,303,553 196,632 10,136,450”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Ratify appointment of Deloitte and Touche, LLP as independent registered public accountants for fiscal year ending December 31, 2026 at the 2026-05-12 meeting.

“The Registrant’s stockholders voted to ratify the appointment of Deloitte and Touche, LLP, as independent registered public accountants for the fiscal year ended December 31, 2026, as follows: Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained 103,570,987 1,510,473 62,710”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Election of Directors at the 2026-05-12 meeting.

“The Registrant’s stockholders elected the following individuals to its board of directors for one-year terms expiring in 2027: Name Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained Broker Non-Votes Kelly H. Barrett 93,769,314 1,135,960 102,446 10,136,450 Glenn G. Cohen 93,364,110 1,538,810 104,800 10,136,450 Jeffrey J. Donnelly 94,704,497 197,357 105,866 10,136,450 Deneen L. Donnley 93,628,956 294,363 1,084,400 10,136,450 Mary M. Hager 93,170,997 679,155 1,157,568 10,136,450 Barbara B. Lang 92,824,350 2,059,706 123,663 10,136,450 Stephen E. Lewis 93,725,282 1,179,703 102,734 10,136,450 C. Brent Smith 94,121,148 784,498 102,073 10,136,450 Dale H. Taysom 94,073,611 807,844 126,265 10,136,450”
Earnings Releases

Piedmont Realty Trust, Inc. reported financial results for first quarter 2026.

“On April 30, 2026, Piedmont Realty Trust, Inc. (the "Registrant") issued an earnings release and supplemental information announcing its financial results for the first quarter 2026”
Debt Financings

Piedmont Realty Trust, Inc. incurred senior notes of $400,000,000 in aggregate principal amount with U.S. Bank Trust Company, National Association at 5.625% per year maturing January 15, 2033.

“On November 20, 2025, Piedmont Operating Partnership, LP (the “Operating Partnership”), the operating partnership and wholly owned subsidiary of Piedmont Realty Trust, Inc. (the “Company”), issued $400,000,000 in aggregate principal amount of 5.625% Senior Notes due 2033 (the “Notes”), which mature on January 15, 2033, pursuant to an indenture, dated as of March 6, 2014, by and among the Operating Partnership, the Company and U.S. Bank Trust Company, National Association, as trustee (as amended and supplemented by a supplemental indenture (the “Supplemental Indenture”), dated as of November 20, 2025, the “Indenture”).”
Governance Changes

Piedmont Realty Trust, Inc.: Amended and restated bylaws to reflect name change to Piedmont Realty Trust, Inc (effective 2025-06-06).

“The Company also amended and restated its amended and restated bylaws (the “Second Amended and Restated Bylaws”), effective as of June 6, 2025, solely to reflect the Name Change.”
Governance Changes

Piedmont Realty Trust, Inc.: Amended charter to change corporate name to Piedmont Realty Trust, Inc (effective 2025-06-06).

“Effective June 6, 2025, Piedmont Office Realty Trust, Inc. (the “Company”) changed its corporate name to “Piedmont Realty Trust, Inc.” (the “Name Change”) pursuant to an amendment to the Company’s Third Articles of Amendment and Restatement (the “Charter Amendment”) filed with the State Department of Assessments and Taxation of Maryland.”

Stephen E. Lewis was appointed as Director at Piedmont Realty Trust, Inc..

“On February 26, 2025, the Board of Directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Jeffrey J. Donnelly, Deneen L. Donnley, and Stephen E. Lewis to serve as directors of the Registrant, effective February 26, 2025, with committee appointments to be determined at a later date.”

Deneen L. Donnley was appointed as Director at Piedmont Realty Trust, Inc..

“On February 26, 2025, the Board of Directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Jeffrey J. Donnelly, Deneen L. Donnley, and Stephen E. Lewis to serve as directors of the Registrant, effective February 26, 2025, with committee appointments to be determined at a later date.”

Jeffrey J. Donnelly was appointed as Director at Piedmont Realty Trust, Inc..

“On February 26, 2025, the Board of Directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Jeffrey J. Donnelly, Deneen L. Donnley, and Stephen E. Lewis to serve as directors of the Registrant, effective February 26, 2025, with committee appointments to be determined at a later date.”

Robert Bowers departed as Executive Vice President & Chief Financial & Administrative Officer at Piedmont Realty Trust, Inc..

“Ms. Rexroad will succeed Robert Bowers in his role as Executive Vice President & Chief Financial & Administrative Officer.”

Sherry Rexroad was appointed as Chief Financial Officer at Piedmont Realty Trust, Inc..

“The board of directors of Piedmont Office Realty Trust, Inc. (the “Company”) has appointed Sherry Rexroad as Chief Financial Officer of the Company, effective November 8, 2024.”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Approval of amendments to the Prior Plan as disclosed in the proxy statement at the 2024-05-07 meeting.

“The Registrant’s stockholders voted to approve amendments to the Prior Plan as disclosed in the proxy statement as follows: Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained Broker Non-Votes 86,167,471 5,845,316 315,456 11,626,110”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Advisory approval of the compensation of the named executive officers as disclosed in the proxy statement at the 2024-05-07 meeting.

“The Registrant’s stockholders voted to approve, on an advisory basis, the compensation of the named executive officers as disclosed in the proxy statement as follows: Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained Broker Non-Votes 84,674,924 6,139,053 1,514,266 11,626,110”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Ratify the appointment of Deloitte and Touche, LLP, as independent registered public accountants for fiscal year 2024 at the 2024-05-07 meeting.

“The Registrant’s stockholders voted to ratify the appointment of Deloitte and Touche, LLP, as independent registered public accountants for the fiscal year ended December 31, 2024, as follows: Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained 100,952,463 2,808,111 193,468”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Election of directors to the board for one-year terms expiring in 2025 at the 2024-05-07 meeting.

“The Registrant’s stockholders elected the following individuals to its board of directors for one-year terms expiring in 2025: Name Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained Broker Non- Votes Kelly H. Barrett 88,536,934 3,627,895 163,414 11,626,110 Glenn G. Cohen 91,248,211 910,193 169,528 11,626,110 Venkatesh S. Durvasula 91,632,362 415,806 279,540 11,626,110 Mary M. Hager 91,384,578 673,526 270,140 11,626,110 Barbara B. Lang 90,179,170 1,974,896 174,177 11,626,110 C. Brent Smith 91,749,824 404,700 173,719 11,626,110 Dale H. Taysom 91,811,677 343,599 172,967 11,626,110”
Material Agreements

Piedmont Realty Trust, Inc. amended a credit facility valued at $200 million (effective 2024-05-06).

“On May 6, 2024, Piedmont Operating Partnership, LP, a subsidiary of Piedmont Office Realty Trust, Inc. (the “Registrant”), entered into amendments to the agreements governing its $200 million unsecured 2024 term loan, its $250 million unsecured 2018 term loan and its $600 million unsecured 2022 line of credit.”
Earnings Releases

Piedmont Realty Trust, Inc. reported first quarter 2024 results: net income $27.8 million, EPS $0.22 per diluted share.

“Piedmont recognized a net loss of $27.8 million, or $0.22 per diluted share, for the first quarter of 2024”
Earnings Releases

Piedmont Realty Trust, Inc. reported the fourth quarter 2023, as well as the year ended December 31, 2023 results: net income $(28,030), EPS $(0.23).

“Piedmont recognized a net loss of $28.0 million, or $0.23 per diluted share, for the fourth quarter of 2023”
Debt Financings

Piedmont Realty Trust, Inc. incurred term loan of $200 million at Adjusted Daily Simple SOFR Rate plus 1.30% maturing January 29, 2027.

“On January 30, 2024, Piedmont Operating Partnership, LP (“Piedmont OP”), a consolidated subsidiary of Piedmont Office Realty Trust, Inc. (the “Registrant”), entered into a $200 million floating rate, unsecured, syndicated bank term loan facility (the “$200 Million Unsecured 2024 Term Loan”).”
Debt Financings

Piedmont Realty Trust, Inc. incurred senior notes of $200,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 9.250% maturing July 20, 2028.

“On December 11, 2023, Piedmont Operating Partnership, LP (the “Operating Partnership”), the operating partnership and wholly owned subsidiary of Piedmont Office Realty Trust, Inc. (the “Company”), issued an additional $200,000,000 aggregate principal amount of 9.250% Senior Notes due 2028 (the “Additional Notes”), which mature on July 20, 2028.”
Material Agreements

Piedmont Realty Trust, Inc. entered into Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $200,000,000 aggregate principal amount of 9.250% Senior Notes due 2028 (effective 2023-12-11).

“On December 11, 2023, Piedmont Operating Partnership, LP (the “Operating Partnership”), the operating partnership and wholly owned subsidiary of Piedmont Office Realty Trust, Inc. (the “Company”), issued an additional $200,000,000 aggregate principal amount of 9.250% Senior Notes due 2028 (the “Additional Notes”), which mature on July 20, 2028. The Additional Notes were issued under the existing indenture, dated as of March 6, 2014 (as amended and supplemented by a supplemental indenture (the “Supplemental Indenture”), dated as of July 20, 2023, the “Indenture”), by and among the Operating Partnership, the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), pursuant to which the Operating Partnership previously issued $400,000,000 aggregate principal amount of its 9.250% Senior Notes due 2028 (the “Existing Notes” and, together with the Additional Notes, the “Notes”), all of which remain outstanding.”
Earnings Releases

Piedmont Realty Trust, Inc. reported third quarter 2023 results: net income Net income/(loss) applicable to Piedmont $(17,002), EPS $(0.14).

“Net income/(loss) applicable to Piedmont $(17,002) $3,331 Net income/(loss) per share applicable to common stockholders - diluted $(0.14) $0.03”
Debt Financings

Piedmont Realty Trust, Inc. incurred senior notes of $400,000,000 with U.S. Bank Trust Company, National Association at 9.250% per year maturing July 20, 2028.

“On July 20, 2023, Piedmont Operating Partnership, LP (the “Operating Partnership”), the operating partnership and wholly owned subsidiary of Piedmont Office Realty Trust, Inc. (the “Company”), issued $400,000,000 in aggregate principal amount of 9.250% Senior Notes due 2028 (the “Notes”), which mature on July 20, 2028, pursuant to an indenture, dated as of March 6, 2014 (as amended and supplemented by a supplemental indenture (the “Supplemental Indenture”), dated as of July 20, 2023, the “Indenture”), by and among the Operating Partnership, the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Material Agreements

Piedmont Realty Trust, Inc. entered into Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $400,000,000 (effective 2023-07-20).

“On July 20, 2023, Piedmont Operating Partnership, LP (the “Operating Partnership”), the operating partnership and wholly owned subsidiary of Piedmont Office Realty Trust, Inc. (the “Company”), issued $400,000,000 in aggregate principal amount of 9.250% Senior Notes due 2028 (the “Notes”), which mature on July 20, 2028, pursuant to an indenture, dated as of March 6, 2014 (as amended and supplemented by a supplemental indenture (the “Supplemental Indenture”), dated as of July 20, 2023, the “Indenture”), by and among the Operating Partnership, the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).”
Earnings Releases

Piedmont Realty Trust, Inc. reported second quarter 2023 results: net income $(1,988), EPS $(0.02). Guidance reaffirmed.

“Net income/(loss) applicable to Piedmont $(1,988) $7,966 Net income/(loss) per share applicable to common stockholders - diluted $(0.02) $0.06”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Advisory vote on the frequency of future say-on-pay votes at the 2023-05-10 meeting.

“The Registrant's stockholders voted to approve, on an advisory basis, the frequency of future approvals of compensation of the named executive officers as disclosed in the proxy statement as follows: Number of Shares Voted- Annually Number of Shares Voted- Two Years Number of Shares Voted - Three Years Number of Shares Abstained Broker Non-Votes 90,324,451 134,136 2,866,396 254,623 11,259,745”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Advisory approval of the compensation of the named executive officers at the 2023-05-10 meeting.

“The Registrant's stockholders voted to approve, on an advisory basis, the compensation of the named executive officers as disclosed in the proxy statement as follows: Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained Broker Non-Votes 87,273,538 4,752,699 1,553,370 11,259,745”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Ratification of Deloitte and Touche, LLP as independent registered public accountants for fiscal year 2023 at the 2023-05-10 meeting.

“The Registrant’s stockholders voted to ratify the appointment of Deloitte and Touche, LLP, as independent registered public accountants for the fiscal year ended December 31, 2023, as follows: Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained 101,345,827 3,358,190 134,947”
Shareholder Votes

Piedmont Realty Trust, Inc. shareholders approved Election of directors at the 2023-05-10 meeting.

“The Registrant’s stockholders elected the following individuals to its board of directors for one-year terms expiring in 2024: Name Number of Shares Voted For Number of Shares Voted Against Number of Shares Abstained Broker Non-Votes Kelly H. Barrett 89,692,858 3,765,967 120,782 11,259,745 Glenn G. Cohen 91,611,115 1,752,640 215,852 11,259,745 Venkatesh S. Durvasula 92,898,056 350,508 331,043 11,259,745 Mary M. Hager 92,950,616 308,887 320,103 11,259,745 Barbara B. Lang 91,669,300 1,791,042 119,265 11,259,745 Frank C. McDowell 89,743,993 3,718,519 117,094 11,259,745 C. Brent Smith 92,912,555 542,399 124,652 11,259,745 Jeffery L. Swope 91,391,120 2,060,777 127,710 11,259,745 Dale H. Taysom 92,394,405 1,057,677 127,525 11,259,745”
Earnings Releases

Piedmont Realty Trust, Inc. reported the quarter ended March 31, 2023 results: net income Net income/(loss) applicable to Piedmont $(1,367), EPS Net income/(loss) per share applicable to common stockholders - diluted $(0.01).

“On May 1, 2023, Piedmont Office Realty Trust, Inc. (the "Registrant") issued a press release announcing its financial results for the first quarter 2023, and published supplemental information for the first quarter 2023 to its website.”
Earnings Releases

Piedmont Realty Trust, Inc. reported financial results for the fourth quarter and year ended December 31, 2022.

“On February 8, 2023, Piedmont Office Realty Trust, Inc. (the "Registrant") issued a press release and published supplemental information for the fourth quarter and year ended December 31, 2022, to its website.”
Earnings Releases

Piedmont Realty Trust, Inc. reported financial results for the quarter and year ended December 31, 2022.

“On February 8, 2023, Piedmont Office Realty Trust, Inc. (the "Registrant") issued a press release announcing its financial results for the fourth quarter 2022, as well as the year ended December 31, 2022, and published supplemental information for the fourth quarter 2022, as well as the year ended December 31, 2022, to its website.”
Debt Financings

Piedmont Realty Trust, Inc. incurred term loan of $215 million at Daily Simple SOFR plus 1.05% maturing January 31, 2025.

“On January 31, 2023, Piedmont Operating Partnership, LP (“Piedmont OP”), a consolidated subsidiary of Piedmont Office Realty Trust, Inc. (the “Registrant”), entered into a $215 million, floating-rate, unsecured term loan facility (the “$215 Million Unsecured 2023 Term Loan”).”
Debt Financings

Piedmont Realty Trust, Inc. amended credit facility of $200 Million maturing June 18, 2025.

“amended its $200 Million Unsecured Term Loan Facility (the "Amended $200 Million Unsecured Term Loan Facility") to extend the final maturity date to June 18, 2025, inclusive of a six month extension option. All other material terms of the facility remain unchanged.”

Mary Hager was appointed as director at Piedmont Realty Trust, Inc..

“appointed Mary Hager to serve as a director of the Registrant, effective December 13, 2022.”
Earnings Releases

Piedmont Realty Trust, Inc. reported financial results for third quarter 2022.

“On November 2, 2022, Piedmont Office Realty Trust, Inc. (the "Registrant") issued a press release announcing its financial results for the third quarter 2022”

Venkatesh S. Durvasula was appointed as Director at Piedmont Realty Trust, Inc..

“On July 27, 2022, the Board of Directors of Piedmont Office Realty Trust, Inc. (the "Registrant") appointed Venkatesh S. Durvasula to serve as a director of the Registrant, effective August 1, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.