Procaccianti director granted 250 Class K shares
Procaccianti Hotel REIT, Inc. director Ronald S. Ohsberg reported receiving an equity grant of Class K common stock.
Rhea-AI Filing Summary
Procaccianti Hotel REIT, Inc. director Ronald S. Ohsberg reported receiving an equity grant of Class K common stock. On 01/19/2026 he was awarded 250 restricted shares at a stated price of $0 per share under the company’s long-term incentive plan, increasing his beneficial ownership to 2,250 Class K shares held directly. The restricted shares vest in four equal annual installments of 25% each, beginning on the first anniversary of the grant date. The award will fully vest earlier if his board service ends because of 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. Ohsberg 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. Ohsberg'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 Ronald S. Ohsberg?
The filing shows that director Ronald S. Ohsberg received a grant of 250 restricted shares of Class K common stock of Procaccianti Hotel REIT, Inc. on 01/19/2026.
Was this PRXA insider transaction a purchase, sale, or equity grant?
The reported transaction is an equity grant of 250 restricted shares of Class K common stock under the company’s long-term incentive plan, rather than an open-market purchase or sale.
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