Chatham Lodging Trust (NYSE: CLDT) director granted 11,546 shares for 2025 board service

Rhea-AI Filing Summary

Chatham Lodging Trust director granted shares for 2025 board service. Director Rolf E. Ruhfus received a grant of 11,546 common shares of Chatham Lodging Trust on January 15, 2026. The grant is the share-based portion of the company’s previously disclosed annual compensation for serving on the board of trustees during fiscal year 2025. The per-share value for this grant was based on the average closing price of the company’s common shares on the New York Stock Exchange over the last ten trading days of 2025. Following this compensation grant, Ruhfus directly beneficially owned 70,129 common shares.

Insider Trade Summary

Net Buyer: 11,546 shares

Net Buy 1 txn

Insider RUHFUS ROLF E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	11,546	$6.93	$80K

Holdings After Transaction: Common Shares — 70,129 shares (Direct)

Footnotes (1)

1. F1. Represents a grant of 11,546 common shares to the reporting person on January 15, 2026 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2025. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2025. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the last ten trading days of 2025.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 01/16/2026 - 09:35 AM Learn about SEC filing dates

FAQ

What insider transaction did Chatham Lodging Trust (CLDT) report?

Chatham Lodging Trust reported a Form 4 showing that director Rolf E. Ruhfus received a grant of 11,546 common shares on January 15, 2026 as compensation for board service.

What was the purpose of the 11,546-share grant to the CLDT director?

The 11,546 common shares granted to director Rolf E. Ruhfus represent the share-based portion of Chatham Lodging Trust’s annual compensation for serving on its board of trustees for fiscal year 2025.

What price per share was used for the CLDT director’s share grant?

The per-share value for the grant to the CLDT director was based on the average of the closing prices of the company’s common shares on the New York Stock Exchange for the last ten trading days of 2025. The transaction is reported at $6.93 per share.

How many Chatham Lodging Trust (CLDT) shares does the director own after this grant?

After the reported grant, director Rolf E. Ruhfus beneficially owned 70,129 common shares of Chatham Lodging Trust, held directly.

Is the CLDT Form 4 transaction a purchase or a compensation grant?

The CLDT Form 4 transaction is a compensation grant, not an open-market purchase. The 11,546 common shares were issued as payment for serving on the board of trustees in 2025.

What role does the reporting person hold at Chatham Lodging Trust (CLDT)?

The reporting person, Rolf E. Ruhfus, is listed as a director of Chatham Lodging Trust and the Form 4 is filed as a single reporting person filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RUHFUS ROLF E

(Last) (First) (Middle)

222 LAKEVIEW AVENUE

SUITE 200

(Street)

WEST PALM BEACH FL 33401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Chatham Lodging Trust [ CLDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares(1)	01/15/2026		A		11,546	A	$6.93	70,129	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of 11,546 common shares to the reporting person on January 15, 2026 as payment for serving on the board of trustees of Chatham Lodging Trust (the "Company") in 2025. The share grant comprises the share-based portion of the Company's previously disclosed annual compensation to its trustees for fiscal year 2025. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the last ten trading days of 2025.

	/s/ Dennis M. Craven, as Attorney in Fact	01/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.