Director at RLJ Lodging Trust (NYSE: RLJ) receives 16,149 share award
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Restricted share grant: 16,149 shares
Grant price per share: $8.78 per share
Total shares after grant: 77,136 shares
+1 more
4 metrics
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
Key Terms
restricted common shares, Equity Incentive Plan, vest, annual meeting of shareholders
4 terms
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.
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.