Piedmont Realty Trust, Inc. (PDM) company profile
Close on Nov 13, 2026Market cap $1.24BP/E –Yield 1.25%
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
- Website
- piedmontreit.com
- 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
- IPO date
- Feb 10, 2010
- Shares outstanding
- 124M, Oct 23, 2026
- Public float
- $899.75M, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1042776
- CUSIP
- 720190206
- ISIN
- US7201902068
- FIGI
- BBG000JVJ8N7
- Share class FIGI
- BBG001T6RFS9
- EIN
- 58-2328421
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Christopher Brent Smith | President & Chief Exec. Off, Director | 694,746 |
| Sherry L. Rexroad | EVP-CFO | 53,857 |
| George M. Wells | EVP- Co-COO | 158,632 |
| Alex Valente | EVP- Co-COO | 84,879 |
| Christopher A. Kollme | EVP of Investments | 123,123 |
| Laura P. Moon | EVP- CAO | 79,277 |
| Robert K. Wiberg | EVP-NE Reg&Head of Development | 175,887 |
| Mary M. Hager | Director | 49,190 |
| Kelly Hefner Barrett | Director | 97,426 |
| Glenn Gary Cohen | Director | 82,083 |
| Barbara B. Lang | Director | 61,842 |
| Dale H. Taysom | Director | 97,372 |
| Stephen E. Lewis | Director | 17,529 |
| Jeffrey Donnelly | Director | 13,672 |
| Deneen L. Donnley | Director | 17,529 |
| Venkatesh S. Durvasula | Director | 26,251 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $5.76M | $6.00M | $1.55M | $69 | $55 |
| FY2024 | $5.70M | $10.64M | $1.69M | $74 | $67 |
| FY2023 | $7.15M | $4.51M | $1.71M | $54 | $65 |
| FY2022 | $4.03M | $495.66K | $1.31M | $63 | $61 |
| FY2021 | $3.56M | $4.89M | $1.41M | $119 | $112 |
| FY2020 | $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.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| C. Brent Smith President & Chief Executive Officer | $710.00K | $3.77M | $1.25M | $31.00K | $5.76M | +1% |
| Sherry L. Rexroad EVP & Chief Financial Officer | $500.00K | $1.05M | $600.00K | $8.69K | $2.16M | +136% |
| Christopher A. Kollme EVP, Investments | $383.75K | $443.10K | $432.50K | $31.00K | $1.29M | +7% |
| Laura P. Moon EVP & Chief Accounting Officer | $300.50K | $332.33K | $245.00K | $31.00K | $908.83K | – |
| George M. Wells EVP & Chief Operating Officer | $440.00K | $830.81K | $515.00K | $34.75K | $1.82M | +7% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
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
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