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PDMNYSEOpeators of Nonresidential BuildingsFiscal year ends December 31

Piedmont Realty Trust, Inc.

Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 28, 2026
$8.94−0.15 (-1.65%)

Close on Oct 19, 2026

Market cap
$1.12B
P/E (TTM)
–
Dividend yield
1.40%

About Piedmont Realty Trust

Opeators of Nonresidential Buildings, SIC 6512

Piedmont Realty Trust, Inc. operates as a self-managed real estate investment trust focused on the acquisition, development, redevelopment, ownership, and proactive management of Class A commercial office properties. The company concentrates on providing hospitality-driven workplace environments, converting its commercial facilities into full-service office spaces designed to enhance the tenant experience. Piedmont serves a broadly diversified client roster consisting primarily of investment-grade corporations, nationally recognized commercial enterprises, and governmental agencies across diverse industries. The company's reportable operating segments are determined geographically according to the primary office markets across the United States where it maintains substantial real estate investments.

The organization's real estate portfolio spans approximately 16 million square feet across major U.S. Sunbelt markets, comprising 29 in-service office projects and three active redevelopment projects. Piedmont conducts regional asset management and property operations through local management offices situated in each market where it operates. The company maintains its corporate headquarters in Atlanta, Georgia.

Summary of the business section of Piedmont Realty Trust's latest annual report, written by StockData.

Company profile

Company

Legal name
Piedmont Realty Trust, Inc.
Founded
1997
Headquarters
Atlanta, GA
Address
5565 Glenridge Connector, Ste 450 30342
Phone
(770) 418-8800
Employees
140, Dec 31, 2025
Industry
Opeators of Nonresidential Buildings
Incorporated in
Maryland
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Atlanta, Georgia

Stock & identifiers

Ticker
PDM
Exchange
NYSE
Shares outstanding
125M, Jul 27, 2026
Public float
$899.75M, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
1042776
CUSIP
720190206
ISIN
US7201902068
EIN
58-2328421

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Christopher Brent SmithPresident & Chief Exec. Off, Director694,746
Christopher A. KollmeEVP of Investments123,123
Alex ValenteEVP- Co-COO84,879
George M. WellsEVP- Co-COO158,632
Laura P. MoonEVP- CAO112,941
Sherry L. RexroadEVP-CFO43,151
Robert K. WibergEVP-NE Reg&Head of Development175,887
Mary M. HagerDirector49,190
Kelly Hefner BarrettDirector97,426
Glenn Gary CohenDirector82,083
Barbara B. LangDirector61,842
Dale H. TaysomDirector97,372
Stephen E. LewisDirector17,529
Jeffrey DonnellyDirector13,672
Deneen L. DonnleyDirector17,529
Venkatesh S. DurvasulaDirector26,251

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
C. Brent Smith
$5.76M$6.00M$1.55M$69$55
FY2024
C. Brent Smith
$5.70M$10.64M$1.69M$74$67
FY2023
C. Brent Smith
$7.15M$4.51M$1.71M$54$65
FY2022
C. Brent Smith
$4.03M$495.66K$1.31M$63$61
FY2021
C. Brent Smith
$3.56M$4.89M$1.41M$119$112
FY2020
C. Brent Smith
$3.19M$1.84M$1.27M$77$72

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had 140 employees, with approximately one-third of our employees working in our corporate office located in Atlanta, Georgia.”

Corporate history

Events identified from SEC filings

DateEventDetails
Jun 2, 2025Name changeName changed from Piedmont Office Realty Trust, Inc. to Piedmont Realty Trust, Inc.
Feb 12, 2020Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 30, 2019Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jan 16, 2018Auditor changeChange in certifying accountant (8-K Item 4.01)
Nov 2, 2015Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Jun 4, 2013MergerRegistration of securities for a merger or exchange offer (S-4)
Nov 4, 2010Tender offerThird-party tender offer for the company's shares
Aug 6, 2010Tender offerThird-party tender offer for the company's shares
Aug 3, 2010Tender offerThird-party tender offer for the company's shares
Apr 15, 2010Tender offerThird-party tender offer for the company's shares
Feb 8, 2010Tender offerThird-party tender offer for the company's shares
Feb 5, 2010ListingRegistration of securities on an exchange (Form 8-A)
Nov 16, 2009Tender offerThird-party tender offer for the company's shares
Oct 26, 2009Tender offerThird-party tender offer for the company's shares
Oct 13, 2009Tender offerThird-party tender offer for the company's shares
Sep 5, 2008Tender offerThird-party tender offer for the company's shares
Oct 24, 2007Tender offerThird-party tender offer for the company's shares
Aug 7, 2007Name changeName changed from WELLS REAL ESTATE INVESTMENT TRUST INC to Piedmont Office Realty Trust, Inc.
May 25, 2007Tender offerThird-party tender offer for the company's shares
May 4, 2007Tender offerThird-party tender offer for the company's shares
Feb 27, 2007Tender offerThird-party tender offer for the company's shares
Feb 26, 2007Merger voteDefinitive merger proxy statement
Apr 14, 2005Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 15, 2004Tender offerThird-party tender offer for the company's shares
Jan 23, 1998Name changeName changed from WELLS REAL EASTATE INVESTMENT TRUST INC to WELLS REAL ESTATE INVESTMENT TRUST INC