Pebblebrook CEO buys 40,000 common shares
Pebblebrook Hotel Trust Chairman and CEO Jon E. Bortz reported open-market purchases of 40,000 common shares across two days.
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Form Type
4
Rhea-AI Filing Summary
Pebblebrook Hotel Trust Chairman and CEO Jon E. Bortz reported open-market purchases of 40,000 common shares across two days. He bought 20,000 common shares on June 10, 2026 at $17.23 per share and another 20,000 common shares on June 11, 2026 at $17.73 per share. Following these transactions, his directly held common shares total 1,637,110. The filing also shows 18,000 directly held 5.70% Series H preferred shares and 643,500 LTIP Class B Units that are exchangeable into an equal number of operating partnership units or cash under the equity incentive plan. In addition, 200,000 common shares are held indirectly by his wife, with a stated disclaimer of 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 ($699K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 20,000 | $17.73 | $355K |
| Purchase | Common Shares | 20,000 | $17.23 | $345K |
| holding | LTIP Class B Units | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | 5.70% Series H Preferred Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 1,637,110 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 $17.23
Open-market purchase 2: 20,000 shares at $17.73
Total common shares bought: 40,000 shares
+4 more
7 metrics
Open-market purchase 1
20,000 shares at $17.23
Common Shares bought on June 10, 2026
Open-market purchase 2
20,000 shares at $17.73
Common Shares bought on June 11, 2026
Total common shares bought
40,000 shares
Net buy across two open-market purchases
Direct common holdings after
1,637,110 shares
Total directly held common shares following transactions
Series H preferred holdings
18,000 shares
5.70% Series H Preferred Shares, direct ownership
LTIP Class B Units underlying
643,500 units/shares
LTIP Class B Units exchangeable one-for-one into operating partnership units
Indirect family common holdings
200,000 shares
Common Shares held by wife; beneficial ownership disclaimed
Key Terms
open-market purchase, LTIP Class B Units, restricted units of limited partnership interest, beneficial ownership, +1 more
5 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
LTIP Class B Units financial
"Represents restricted units of limited partnership interest ("LTIP Class B Units")"
restricted units of limited partnership interest financial
"Represents restricted units of limited partnership interest ("LTIP Class B Units")"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares held by an immediate family member"
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"
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 Hotel Trust CEO Jon Bortz do in this Form 4 filing for PEB?
Jon E. Bortz reported open-market purchases of 40,000 Pebblebrook Hotel Trust common shares. He bought 20,000 shares at $17.23 and 20,000 at $17.73, increasing his directly held common share position.
What other Pebblebrook (PEB) securities are shown as held by Jon Bortz in this filing?
The filing lists 18,000 directly held 5.70% Series H preferred shares and 643,500 LTIP Class B Units, which are restricted units that may be exchanged one-for-one into operating partnership units or equivalent cash under the equity plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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