At what price was Patricia Gibson’s RLJ restricted share grant reported?

The 16,149 restricted common shares granted to Patricia L. Gibson were reported at $8.78 per share. This price is used for reporting and valuation purposes and does not represent an open‑market trade executed by the director.

Is Patricia Gibson’s RLJ share grant an open-market purchase or sale?

No, the transaction is a grant of restricted common shares classified as a grant, award, or other acquisition. It is part of RLJ Lodging Trust’s equity compensation, not an open‑market stock purchase or sale initiated by the director.

RLJ Lodging Trust (NYSE: RLJ) director awarded 16,149 restricted shares

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Gibson Patricia L reported acquisition or exercise transactions in this Form 4 filing.

RLJ Lodging Trust director Patricia L. Gibson received a grant of 16,149 restricted common shares of RLJ Lodging Trust on May 6, 2026. The shares were valued at $8.78 per share for reporting purposes and are part of her compensation, not an open‑market purchase.

The grant was made under the RLJ Lodging Trust 2026 Equity Incentive Plan. These restricted shares vest on the earlier of the first anniversary of the grant date or the date of the company’s 2027 annual meeting of shareholders. After this award, Gibson directly holds 158,884 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gibson Patricia L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	16,149	$8.78	$142K

Holdings After Transaction: Common Stock — 158,884 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted share grant: 16,149 shares Reported grant price: $8.78 per share Post-transaction holdings: 158,884 shares +2 more

5 metrics

Restricted share grant 16,149 shares Common Stock grant to director on May 6, 2026

Reported grant price $8.78 per share Value used for the restricted common share award

Post-transaction holdings 158,884 shares Director’s direct common stock ownership after the grant

Vesting condition Earlier of 1 year or 2027 meeting Restricted shares vest by first anniversary or 2027 annual meeting

Equity plan 2026 Equity Incentive Plan Plan under which restricted common shares were granted

Key Terms

restricted common shares, Equity Incentive Plan, grant, award, or other acquisition, Form 4

4 terms

restricted common shares financial

"These restricted common shares, vesting on the earlier of (i) the first anniversary..."

Restricted common shares are company stock that cannot be freely sold or transferred until certain conditions are met, such as time-based vesting, performance targets, or regulatory clearance. For investors, they matter because they reduce the number of shares available to trade today but can increase supply later, affecting share price, liquidity and potential dilution — like a stash of coupons that can't be used until a future date.

Equity Incentive Plan financial

"...were granted to the reporting person pursuant to the RLJ Lodging Trust 2026 Equity Incentive Plan."

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

grant, award, or other acquisition regulatory

"transaction_code_description: Grant, award, or other acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4): {"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:04 PM

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^*

Gibson Patricia L

(Last)

(First)

(Middle)

C/O RLJ LODGING TRUST

7373 WISCONSIN AVE, SUITE 1500

(Street)

BETHESDA

MARYLAND

20814

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
RLJ Lodging Trust [ RLJ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/06/2026		A		16,149⁽¹⁾	A	$8.78	158,884	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These restricted common shares, vesting on the earlier of (i) the first anniversary of the grant date and (ii) the date of the Company's 2027 annual meeting of shareholders, were granted to the reporting person pursuant to the RLJ Lodging Trust 2026 Equity Incentive Plan.

	/s/ Leslie D. Hale, Attorney-in-Fact	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did RLJ (RLJ Lodging Trust) director Patricia Gibson report on this Form 4?

Director Patricia L. Gibson reported receiving a grant of 16,149 restricted common shares of RLJ Lodging Trust as part of her equity compensation. The award reflects a non-market acquisition rather than an open-market stock purchase or sale.

When do Patricia Gibson’s new RLJ restricted shares vest?

The restricted common shares vest on the earlier of the first anniversary of the May 6, 2026 grant date or the date of RLJ Lodging Trust’s 2027 annual meeting of shareholders. Vesting is contingent on these time and corporate meeting conditions.

How many RLJ shares does Patricia Gibson hold after this equity award?

After this grant, Patricia L. Gibson directly holds 158,884 common shares of RLJ Lodging Trust. This total includes the newly granted restricted common shares reported in the Form 4 and shows her updated direct ownership position.