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Director at RLJ Lodging Trust (NYSE: RLJ) receives 16,149 share award

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Collins Arthur Reginald reported acquisition or exercise transactions in this Form 4 filing.

RLJ Lodging Trust director Arthur Reginald Collins received an equity grant of 16,149 restricted common shares at $8.78 per share. This award increased his direct holdings to 77,136 common shares. The restricted shares vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting of shareholders, under the RLJ Lodging Trust 2026 Equity Incentive Plan.

Positive

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Insider Collins Arthur Reginald
Role null
Type Security Shares Price Value
Grant/Award Common Stock 16,149 $8.78 $142K
Holdings After Transaction: Common Stock — 77,136 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted share grant 16,149 shares Equity award of restricted common shares to director
Grant price per share $8.78 per share Value used for restricted common share award
Total shares after grant 77,136 shares Director’s direct RLJ common stock holdings post-transaction
Vesting milestone year 2027 annual meeting Restricted shares vest by the 2027 annual meeting of shareholders
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.
vest financial
"These restricted common shares, vesting on the earlier of (i) the first anniversary..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of shareholders financial
"...and (ii) the date of the Company's 2027 annual meeting of shareholders..."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
SEC Form 4
FORM 4UNITED 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*
Collins Arthur Reginald

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026A16,149(1)A$8.7877,136D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-Fact05/08/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Arthur Reginald Collins report in his RLJ Form 4 filing?

Arthur Reginald Collins reported receiving an equity grant of 16,149 restricted common shares of RLJ Lodging Trust. These shares were awarded under the RLJ Lodging Trust 2026 Equity Incentive Plan and are compensation-related, not an open-market purchase or sale.

How many RLJ Lodging Trust shares does Collins hold after this grant?

Following the grant, Arthur Reginald Collins directly holds 77,136 common shares of RLJ Lodging Trust. This total reflects his position after receiving the 16,149 restricted shares reported in the Form 4 filing dated for the grant transaction.

What is the size and price of the RLJ share award to Collins?

Collins received 16,149 restricted common shares of RLJ Lodging Trust at a grant value of $8.78 per share. This represents a stock-based compensation award rather than a cash salary payment or an open-market stock purchase.

When do Collins’s restricted RLJ shares vest?

The restricted common shares awarded to Collins vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual meeting of shareholders. This time-based vesting schedule links the award to continued board service over that period.

Under which plan were Collins’s RLJ restricted shares granted?

The award to Collins was made under the RLJ Lodging Trust 2026 Equity Incentive Plan. This plan provides stock-based compensation, including restricted common shares, to align directors’ and executives’ interests with shareholders through equity ownership over time.