Pebblebrook CEO buys 40,000 shares in open market
Pebblebrook Hotel Trust chairman and CEO Jon E. Bortz bought a total of 40,000 common shares in open-market transactions, purchasing 20,000 shares at $16.84 per share on June 8, 2026 and 20,000 shares at $17.09 on June 9, 2026.
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Form Type
4
Rhea-AI Filing Summary
Pebblebrook Hotel Trust chairman and CEO Jon E. Bortz bought a total of 40,000 common shares in open-market transactions, purchasing 20,000 shares at $16.84 per share on June 8, 2026 and 20,000 shares at $17.09 on June 9, 2026. Following these purchases, he directly holds 1,597,110 common shares. He also directly holds 18,000 5.70% Series H Preferred Shares and 643,500 LTIP Class B Units tied to common shares, and an immediate family member sharing his household holds 200,000 common shares, for which he disclaims beneficial ownership.
Insider Trade Summary
Net Buyer: 40,000 shares
Net Buy
5 txns
Insider
BORTZ JON E
Role
Chairman and CEO
Bought
40,000 shs ($679K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 20,000 | $17.09 | $342K |
| Purchase | Common Shares | 20,000 | $16.84 | $337K |
| holding | LTIP Class B Units | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | 5.70% Series H Preferred Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 1,597,110 shares (Direct);
LTIP Class B Units — 643,500 contracts (Direct);
Common Shares — 200,000 shares (Indirect, By wife);
5.70% Series H Preferred Shares — 18,000 shares (Direct)
Footnotes (2)
- F1. The reporting person disclaims beneficial ownership of these shares held by an immediate family member sharing his household, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- F2. Represents restricted units of limited partnership interest ("LTIP Class B Units") in Pebblebrook Hotel, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. Vested LTIP Class B Units, upon achieving parity with the Operating Partnership's common units pursuant to the terms of the partnership agreement, may be exchanged at any time, at the election of the holder, for Operating Partnership units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.
Key Figures
Open-market purchase 1: 20,000 shares at $16.84
Open-market purchase 2: 20,000 shares at $17.09
Direct common holdings: 1,597,110 shares
+4 more
7 metrics
Open-market purchase 1
20,000 shares at $16.84
Common Shares bought on June 8, 2026
Open-market purchase 2
20,000 shares at $17.09
Common Shares bought on June 9, 2026
Direct common holdings
1,597,110 shares
Common Shares held directly after transactions
Series H Preferred holdings
18,000 shares
5.70% Series H Preferred Shares held directly
LTIP Class B Units
643,500 units / underlying shares
LTIP Class B Units tied to Operating Partnership common units
Household common shares
200,000 shares
Held by immediate family member; beneficial ownership disclaimed
Net common share change
40,000 shares
Net buy across reported open-market transactions
Key Terms
LTIP Class B Units, Operating Partnership, beneficial ownership, Equity Incentive Plan
4 terms
LTIP Class B Units financial
"Represents restricted units of limited partnership interest ("LTIP Class B Units") in Pebblebrook Hotel, L.P."
Operating Partnership financial
"in Pebblebrook Hotel, L.P. (the "Operating Partnership"), of which the Issuer is the general partner."
An operating partnership is a separate legal entity set up to own and run a company’s core assets and day-to-day businesses, while investors hold interests indirectly through the parent company. Think of it like a dedicated garage that actually stores and services the cars while the owner keeps the dealership; it matters to investors because it affects how income, taxes, liability and voting rights are allocated and therefore can influence distributions and risk.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares held by an immediate family member sharing his household"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Equity Incentive Plan financial
"The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Pebblebrook (PEB) CEO Jon E. Bortz buy in this Form 4?
Jon E. Bortz purchased 40,000 Pebblebrook common shares in open-market transactions. He bought 20,000 shares at $16.84 per share and another 20,000 at $17.09 per share, increasing his direct common share ownership to 1,597,110 shares.
What other Pebblebrook (PEB) securities are reported for the CEO in this filing?
In addition to common shares, Jon E. Bortz directly holds 18,000 5.70% Series H Preferred Shares and 643,500 LTIP Class B Units. The LTIP Class B Units relate to Pebblebrook Hotel, L.P. and are tied economically to the company’s common equity.
Does the Pebblebrook (PEB) CEO have indirect holdings disclosed in this Form 4?
The filing notes 200,000 common shares held by an immediate family member sharing Jon E. Bortz’s household. The report states he disclaims beneficial ownership of these shares for Section 16 and other purposes, though they are disclosed as indirect household holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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