Welcome to our dedicated page for Pebblebrok Hotel SEC filings (Ticker: PEB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Pebblebrook Hotel Trust filings document the REIT's hotel portfolio, operating results, REIT distribution practices, and capital structure, including common shares and Series E, F, G and H cumulative redeemable preferred shares listed on the NYSE. Form 8-K reports furnish earnings releases, dividend declarations, tax and Regulation FD disclosures, and material financing agreements.
Proxy and governance filings cover trustee elections, board committee assignments, executive compensation and equity incentive arrangements. Credit agreement amendments and other financing disclosures describe the operating partnership's role as borrower, parent guarantees, subsidiary guarantors, revolving credit capacity, term loans and related risk factors.
Pebblebrook Hotel Trust Chairman and CEO Jon E. Bortz reported an equity award in the form of 127,369 LTIP Class B Units on February 5, 2026, granted at $0 per unit. After this award, he holds 643,500 LTIP Class B Units directly.
The LTIP Class B Units are restricted partnership units in Pebblebrook Hotel, L.P. that, once vested and having achieved parity with common units, can be exchanged on a one-for-one basis for common units of the operating partnership or an equivalent amount of cash, at the operating partnership's option.
Bortz also directly holds 1,557,110 common shares and 18,000 5.70% Series H preferred shares of Pebblebrook Hotel Trust. An additional 200,000 common shares are held by his wife; he disclaims beneficial ownership of these family-held shares.
Of the awarded LTIP Class B Units, 42,457, 42,456, and 42,456 units are scheduled to vest on January 1, 2027, January 1, 2028, and January 1, 2029, respectively, subject to his continued employment. The LTIP Class B Units have no expiration date and were issued under the company’s 2009 Equity Incentive Plan, as amended and restated.
Pebblebrook Hotel Trust is expanding and refreshing its Board of Trustees. The company elected Nina P. Jones, who will join on March 1, 2026, and Bill Bayless, who is expected to join later in 2026. Each will receive a one-time $50,000 award in common shares that vests over three years, plus the same fees as other independent trustees.
The company also adopted a new principles-based board refreshment framework. It includes annual reviews of board composition and skills, a rolling multi-year succession plan, and a goal to keep average independent trustee tenure at 12% years or less by the 2027 shareholder meeting. Long-time trustee Ron E. Jackson will retire at the 2026 annual meeting, and another independent trustee is expected not to stand for re-election at the 2027 meeting.
Pebblebrook Hotel Trust approved its 2026 compensation program for top executives, keeping the structure largely the same as 2025. Pay will combine base salary, annual cash bonuses and long‑term equity awards under the 2009 Equity Incentive Plan.
For 2026, CEO Jon E. Bortz’s target mix is 14% base salary, 24% cash bonus and 62% equity, while Co-President/CFO Raymond D. Martz and Chief Investment Officer Thomas C. Fisher each have 20% base salary, 22% cash bonus and 58% equity. Target bonuses equal 165% of base salary for Bortz and 105% for Martz and Fisher. Cash bonuses depend on seven weighted objectives, including adjusted FFO per share, asset dispositions, hotel EBITDA versus peers, RevPAR penetration, balance sheet goals, sustainability targets and internal controls, with payouts capped at 200% of target.
Long‑term incentives grant 40% as time‑based LTIP units or RSUs vesting in thirds on January 1, 2027, 2028 and 2029, and 60% as performance units tied to total shareholder return over 2026–2028. For Bortz, performance units range from 0 to 382,108 units based on relative and absolute TSR hurdles.
Vanguard Portfolio Management LLC filed a passive ownership report on Pebblebrook Hotel Trust common stock. It reports beneficial ownership of 11,467,190 shares, representing 10.09% of the outstanding common shares. Vanguard Portfolio Management has shared voting power over 45,997 shares and shared dispositive power over 11,467,190 shares, with no sole voting or dispositive power.
The filing explains that, following an internal realignment on January 12, 2026, portfolio management and proxy voting functions shifted from The Vanguard Group, Inc. to Vanguard Portfolio Management LLC and certain affiliates, which now report beneficial ownership on a disaggregated basis. The securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Pebblebrook Hotel Trust.
Pebblebrook Hotel Trust director Ron E. Jackson reported receiving 16,582 common shares of the company on 01/01/2026. The filing shows this as an acquisition at a per-share value of $11.458, representing payment of 100 percent of his annual retainer fee for serving on the Board of Trustees in 2025. The per-share value is 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. Following this transaction, Jackson beneficially owns 123,480 common shares, held directly.
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.
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.
Pebblebrook Hotel Trust director Bonny W. Simi reported receiving additional common shares as part of board compensation. On 01/01/2026, the reporting person acquired 8,073 common shares of Pebblebrook Hotel Trust at a per-share value of $11.458, increasing beneficial ownership to 36,371 common shares held directly. The filing explains that these shares represent payment of 50 percent of the annual retainer fee for serving on the Board of Trustees in 2025, with the per-share value based on the average closing price of the company’s common shares on the New York Stock Exchange for the ten trading days preceding the payment date.
Pebblebrook Hotel Trust director reports stock compensation grant
A director of Pebblebrook Hotel Trust (PEB) reported acquiring 7,418 common shares on 01/01/2026 at a value of $11.458 per share. After this transaction, the director beneficially owns 26,180 common shares, held directly.
The shares represent payment of 50 percent of the 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 for the company’s common shares on the New York Stock Exchange for the ten trading days preceding the payment date.
Pebblebrook Hotel Trust director Michael J. Schall reported receiving 14,837 common shares on 01/01/2026 at a per-share value of $11.458. The shares represent payment of 100 percent of his annual retainer fee for serving on the Board of Trustees in 2025, with the value based on the average closing prices of the company’s common shares over the ten trading days preceding the payment date.
Following this grant, he reports beneficial ownership of 134,530 common shares held directly, while disclaiming beneficial ownership with respect to 51,312 of those shares. He also reports 18,500 common shares held through a deferred compensation plan, disclaiming beneficial ownership of one-half of those shares, and 942 common shares held by his wife, for which he disclaims beneficial ownership.