Procaccianti Hotel REIT director awarded 250 shares
Procaccianti Hotel REIT, Inc. director Aubin Lawrence reported receiving an equity grant of Class K common stock.
Rhea-AI Filing Summary
Procaccianti Hotel REIT, Inc. director Aubin Lawrence reported receiving an equity grant of Class K common stock. On 01/19/2026, he was awarded 250 restricted shares at a price of $0 per share under the company’s long-term incentive plan, increasing his directly held stake to 2,250 Class K shares.
The restricted shares vest in equal annual installments over four years, beginning on the first anniversary of the grant date, with 25% vesting each year. The grant also includes accelerated vesting provisions so that all unvested shares become fully vested if his service as a director ends due to death or disability, or if there is a change in control of the company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class K Common Stock | 250 | $0.00 | $0.00 |
Footnotes (1)
- F1. Mr. Aubin received a grant of 250 restricted shares of Class K common stock under the long-term incentive plan. The shares will vest in equal amounts annually over a four-year period on and following the first anniversary of the date of grant in increments of 25% per annum; provided, however, that the shares will become fully vested on the earlier to occur of (1) the termination of Mr. Aubin's service as a director due to his death or disability, or (2) a change in control of the company.
FAQ
What insider transaction did PRXA report for director Aubin Lawrence?
Director Aubin Lawrence reported receiving a grant of 250 restricted shares of Class K common stock of Procaccianti Hotel REIT, Inc. on 01/19/2026.
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