Pebblebrook Hotel Trust (PEB) director receives shares as 2025 board retainer

Rhea-AI Filing Summary

Pebblebrook Hotel Trust director Earl Webb reported receiving common shares as part of his 2025 board compensation. On 01/01/2026, he acquired 10,211 common shares at a per-share value of $11.458, recorded as an acquisition rather than an open-market purchase. After this transaction, he beneficially owned 60,967 common shares, held directly.

The filing explains that the shares represent payment of 60% of his annual retainer fee for serving on Pebblebrook Hotel Trust’s Board of Trustees in 2025. The per-share value was set as the average of the closing prices of the company’s common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.

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^*

WEBB EARL E

(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		10,211	A	$11.458(1)	60,967	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. Payment of 60 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 Earl Webb	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 was reported for Pebblebrook Hotel Trust (PEB)?

Director Earl Webb reported receiving 10,211 Pebblebrook Hotel Trust common shares on 01/01/2026 as part of his board compensation, at a per-share value of $11.458.

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

Following the reported transaction, Earl Webb beneficially owned 60,967 common shares of Pebblebrook Hotel Trust, held in direct ownership.

Was the Pebblebrook (PEB) insider transaction a market purchase or compensation?

The transaction was reported as payment of 60% of the annual retainer fee for serving on the Board of Trustees in 2025, delivered in common shares rather than as a market purchase.

How was the share value determined for the Pebblebrook (PEB) director compensation?

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

What role does the reporting person hold at Pebblebrook Hotel Trust (PEB)?

The reporting person, Earl Webb, is identified as a Director of Pebblebrook Hotel Trust.

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

The Form 4 is indicated as being filed by one reporting person, not a group filing.