Peakstone Investors Approve Equity Plan

Shareholders backed a 2 million-share increase to support the REIT’s long-term incentive compensation strategy.

May 30, 2025

Peakstone Realty Trust Gains Shareholder Approval Across Key Proposals

Peakstone Realty Trust wrapped up its 2025 annual meeting with clear outcomes: shareholders said yes to every proposal on the table. From board elections to compensation plans, the votes signal ongoing support for the company’s leadership and strategy.

Board Re-elections Confirmed

Five trustee nominees were re-elected, each set to serve through the next annual meeting. While all received majority approval, voting tallies showed varying levels of support—something worth watching as governance conversations continue.

Equity Plan Expansion Approved

Shareholders also approved an expansion of Peakstone’s long-term incentive plan. With 2 million additional shares now available, the company has more room to issue equity-based awards. This change gives Peakstone added flexibility to reward and retain employees and trustees, especially those tied to longer-term performance goals.

Executive Compensation Backed

Executive pay came up for a vote as well. The company’s compensation program for named executives received majority support in an advisory vote. A portion of shareholders withheld approval, which could prompt a closer look at how these plans are structured going forward.

Auditor Reappointed

Ernst & Young LLP was reappointed as Peakstone’s independent auditor for 2025. The vote passed with strong support and no major opposition.

No other matters were brought to vote, and the meeting concluded with all key items finalized. The approvals keep Peakstone on a steady course, with leadership, compensation, and oversight structures locked in for the year ahead.