Piedmont Realty Trust, Inc.
- PDM · NYSE
- Opeators of Nonresidential Buildings
- Atlanta, GA
- 140 employees
- CIK 0001042776
Updated from SEC filings through
Top things to know
Executives
- C. Brent Smith Chief Executive Officer, Principal Executive Officer, and Director 10-K, 2026-02-17
- Sherry L. Rexroad EVP-CFO 4, 2026-02-18
- Christopher Brent Smith President & Chief Exec. Off 4, 2026-02-25
- Alex Valente EVP- Co-COO 4, 2026-02-25
- George M. Wells EVP- Co-COO 4, 2026-02-25
- Christopher A. Kollme EVP of Investments 4, 2026-02-25
Piedmont Realty Trust, Inc. is a U.S. public company in opeators of nonresidential buildings (SIC 6512), headquartered in Atlanta, GA. It trades as PDM on NYSE. Revenue was $565M in the fiscal year ending December 31, 2025, -0.9% from the year before. It reported about 140 employees. C. Brent Smith is Chief Executive Officer, Principal Executive Officer, and Director.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $565M 10-K, 2026-02-17 | $570M 10-K, 2026-02-17 | $578M 10-K, 2026-02-17 | $564M 10-K, 2025-02-19 | $529M 10-K, 2024-02-20 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | $30.6M 10-K, 2026-02-17 | $35.4M 10-K, 2026-02-17 | $29.2M 10-K, 2026-02-17 | $29.1M 10-K, 2025-02-19 | $30.3M 10-K, 2024-02-20 |
| Net income | -$83.6M 10-K, 2026-02-17 | -$79.1M 10-K, 2026-02-17 | -$48.4M 10-K, 2026-02-17 | $147M 10-K, 2025-02-19 | -$1.2M 10-K, 2024-02-20 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| C. Brent Smith | Chief Executive Officer, Principal Executive Officer, and Director | 10-K, 2026-02-17 |
| Sherry L. Rexroad Experienced Chief Financial Officer, Chief Investment Officer and Board Member | EVP-CFO | 4, 2026-02-18 |
| Christopher Brent Smith | President & Chief Exec. Off | 4, 2026-02-25 |
| Alex Valente Co-COO & EVP at Piedmont Realty Trust | EVP- Co-COO | 4, 2026-02-25 |
| George M. Wells Co-Chief Operating Officer at Piedmont Realty Trust | EVP- Co-COO | 4, 2026-02-25 |
| Christopher A. Kollme EVP- Investments | EVP of Investments | 4, 2026-02-25 |
| Laura P. Moon SVP & Chief Accounting Officer at Piedmont Office Realty Trust, Inc. | EVP- CAO | 4, 2026-02-25 |
| Kelly H. Barrett | director | 8-K, 2026-05-12 |
| Glenn G. Cohen | Board member (per proxy) bio: Director | DEF 14A, 2026-03-18 |
What Piedmont Realty Trust, Inc. does
Piedmont Realty Trust, Inc.S. Sunbelt markets. Piedmont was incorporated in 1997 and commenced operations in 1998.P. (“Piedmont OP”), a Delaware limited partnership. Piedmont OP owns properties directly, through wholly-owned subsidiaries, and through various joint ventures which it controls. References to Piedmont herein shall include Piedmont and all of its subsidiaries, including Piedmont OP and its subsidiaries and joint ventures.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 123.8 million (as of October 23, 2026) | 10-Q, October 26, 2026 |
|---|---|---|
| Public float | $900M (as of June 30, 2025) | 10-K, February 17, 2026 |
| Reportable segments | 7 (period ending September 30, 2026) | 10-Q, October 26, 2026 |
| Latest proxy statement | Meeting May 12, 2026 (filed March 18, 2026) | DEF 14A, March 18, 2026 |
| Auditor | Deloitte & Touche LLP (Atlanta, Georgia) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| October 1, 2026 | Sherry L. Rexroad EVP-CFO | Sale | 4,446 | $39K | Form 4, October 2, 2026 |
Recent 8-K events
- 8-K filed 2026-10-26
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-17
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 3.02 Unregistered sales of equity securities
- 8-K filed 2026-09-15
- Item 8.01 Other events
- 8-K filed 2026-09-14
- Item 8.01 Other events
- 8-K filed 2026-07-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-28
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-05-12
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-30
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-11
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-02-03
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Piedmont Realty Trust, Inc.
- What does Piedmont Realty Trust, Inc. do?
- In its own words, from Item 1 of its 10-K: "Piedmont Realty Trust, Inc.S. Sunbelt markets. Piedmont was incorporated in 1997 and commenced operations in 1998.P. (“Piedmont OP”), a Delaware limited partnership. Piedmont OP owns properties directly, through wholly-owned subsidiaries, and through various joint ventures which it controls. References to Piedmont herein shall include Piedmont and all of its subsidiaries, including Piedmont OP and its subsidiaries and joint ventures."
- What is Piedmont Realty Trust, Inc.'s revenue?
- $565M for the fiscal year ending December 31, 2025, from its 10-K filed February 17, 2026.
- Is Piedmont Realty Trust, Inc. profitable?
- Piedmont Realty Trust, Inc. reported net income of -$83.6M for the fiscal year ending December 31, 2025.
- How many employees does Piedmont Realty Trust, Inc. have?
- About 140 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Piedmont Realty Trust, Inc.?
- C. Brent Smith, Chief Executive Officer, Principal Executive Officer, and Director, as named in a 10-K filed February 17, 2026.
- Who is the CFO of Piedmont Realty Trust, Inc.?
- Sherry L. Rexroad, EVP-CFO, as named in a 4 filed February 18, 2026.
- Where is Piedmont Realty Trust, Inc. headquartered?
- Atlanta, GA.
- What is Piedmont Realty Trust, Inc.'s stock ticker?
- PDM on NYSE.
- What industry is Piedmont Realty Trust, Inc. in?
- Opeators of Nonresidential Buildings, SIC code 6512.
- What is Piedmont Realty Trust, Inc.'s website?
- piedmontreit.com.
- When does Piedmont Realty Trust, Inc. report earnings next?
- January 24, 2027. Source: estimate_8k_pattern.
- Is Piedmont Realty Trust, Inc. a public company?
- Yes. Piedmont Realty Trust, Inc. files with the SEC under CIK 0001042776 and trades as PDM.
- Who audits Piedmont Realty Trust, Inc.?
- Deloitte & Touche LLP, Atlanta, Georgia, as named in its latest annual report (10-K).
- How many shares of Piedmont Realty Trust, Inc. are outstanding?
- 123.8 million shares as of October 23, 2026, from its 10-Q filed October 26, 2026.
- What is Piedmont Realty Trust, Inc.'s public float?
- $900M as of June 30, 2025, as reported on the cover of its 10-K filed February 17, 2026.
- How many business segments does Piedmont Realty Trust, Inc. report?
- 7 reportable segments for the period ending September 30, 2026, from its 10-Q filed October 26, 2026.
- When is Piedmont Realty Trust, Inc.'s annual shareholder meeting?
- May 12, 2026, per its proxy statement (DEF 14A) filed March 18, 2026.
- Have Piedmont Realty Trust, Inc. insiders traded stock recently?
- Since October 1, 2026, officers and directors reported 1 open-market sale worth about $39K and 0 purchases on Forms 4 and 5. The most recent: Sherry L. Rexroad (EVP-CFO) sold 4,446 shares on October 1, 2026.