BlackRock (CLDT) reports 4.86M shares, 10.4% stake in Lodging Trust
Rhea-AI Filing Summary
BlackRock Portfolio Management LLC filed an amendment on Schedule 13G/A reporting beneficial ownership of 4,855,696 shares of Lodging Trust common stock. The filing states this equals 10.4% of the class and shows sole voting power of 4,482,152 and sole dispositive power of 4,855,696. The filing lists BlackRock's business address and includes Exhibit 24 (power of attorney) and Exhibit 99 for Item 7.
Positive
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Insights
BlackRock reports a >10% passive stake with clear voting and dispositive powers.
BlackRock Portfolio Management LLC is reported as beneficial owner of 4,855,696 shares representing 10.4% of Lodging Trust common stock, with sole voting control over 4,482,152 shares. The filing is an amended Schedule 13G/A reflecting ownership aggregation across Reporting Business Units.
Ownership consolidation at this scale can be relevant to governance and voting outcomes; subsequent filings or proxy disclosures may show any changes to this position.