Pebblebrook Hotel Trust (PEB) director reports 14,837-share retainer award

Rhea-AI Filing Summary

Pebblebrook Hotel Trust director reports share-based board fee. A director of Pebblebrook Hotel Trust (ticker PEB) received 14,837 common shares on 01/01/2026 at a reported per-share value of $11.458. The filing explains this represents payment of 100 percent of the annual retainer fee for serving on the company’s Board of Trustees in 2025, with the value based on the average closing price over the ten trading days before payment. After this transaction, the director beneficially owns 101,171 common shares directly and 571 common shares indirectly through a family trust.

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

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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^*

Donnell Cydney

(Last) (First) (Middle)

4747 BETHESDA AVE

SUITE 1100

(Street)

BETHESDA MD 20814

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Pebblebrook Hotel Trust [ PEB ]

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)
01/01/2026

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	01/01/2026		A		14,837	A	$11.458(1)	101,171	D
Common Shares								571	I	By family trust

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. Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 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 ten trading days preceding the date of payment.

Remarks:

	/s/ Andrew H. Dittamo, as attorney-in-fact for Cydney Donnell	01/05/2026
	** 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.

FAQ

What insider transaction did Pebblebrook Hotel Trust (PEB) report?

The company reported that a director received 14,837 common shares of Pebblebrook Hotel Trust on 01/01/2026 as part of their annual board retainer compensation.

What was the value used for the Pebblebrook Hotel Trust (PEB) share award?

The per-share value for the director’s award was $11.458, based on the average closing prices of the company’s common shares on the New York Stock Exchange for the ten trading days preceding the payment date.

Why did the Pebblebrook Hotel Trust (PEB) director receive these shares?

The filing states the shares represent payment of 100 percent of the annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2025.

How many Pebblebrook Hotel Trust (PEB) shares does the director own after the transaction?

Following the reported transaction, the director beneficially owns 101,171 common shares directly and 571 common shares indirectly through a family trust.

Is the reporting person a 10% owner of Pebblebrook Hotel Trust (PEB)?

The relationship section of the form indicates the reporting person is a Director; the 10% owner box is not marked.

Is this Pebblebrook Hotel Trust (PEB) Form 4 filed for one person or multiple insiders?

The filing is indicated as a Form filed by One Reporting Person, meaning it covers a single insider.