Pebblebrook Hotel Trust (PEB) CEO reports 50,000-share sale at $11.263
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pebblebrook Hotel Trust director, chairman and CEO Jon E. Bortz reported selling 50,000 common shares on 12/15/2025 at a weighted average price of $11.263. These shares were sold in multiple trades at prices ranging from $11.14 to $11.58 per share.
After the sale, he directly owns 1,557,110 common shares and 18,000 5.70% Series H preferred shares, plus 516,131 LTIP Class B units that are partnership interests tied to 516,131 underlying common shares under the company’s equity incentive plan. An additional 200,000 common shares are held by his wife, which he reports but disclaims beneficial ownership of.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($563,150)
Net Sell
4 txns
Insider
BORTZ JON E
Role
Chairman and CEO
Sold
50,000 shs ($563K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 50,000 | $11.263 | $563K |
| holding | LTIP Class B Units | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | 5.70% Series H Preferred Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 1,557,110 shares (Direct);
LTIP Class B Units — 516,131 shares (Direct);
Common Shares — 200,000 shares (Indirect, By wife);
5.70% Series H Preferred Shares — 18,000 shares (Direct)
Footnotes (1)
- The securities were sold in multiple transactions at prices per share ranging from $11.14 to $11.58, inclusive. The price shown is a weighted average of the per-share prices in those transactions. The reporting person undertakes to provide to Pebblebrook Hotel Trust, any security holder of Pebblebrook Hotel Trust or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 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. 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.
