STOCK TITAN

Director Robert La Forgia granted 16,149 RLJ Lodging Trust (RLJ) shares

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

Rhea-AI Filing Summary

LA FORGIA ROBERT M reported acquisition or exercise transactions in this Form 4 filing.

RLJ Lodging Trust director Robert M. La Forgia received a grant of 16,149 restricted common shares at $8.78 per share on May 6, 2026. These shares vest on the earlier of the first anniversary of the grant date or the company’s 2027 annual shareholder meeting. Following the award, he directly owns 143,995 common shares. The grant was issued under the RLJ Lodging Trust 2026 Equity Incentive Plan as compensation, rather than as an open-market purchase.

Positive

  • None.

Negative

  • None.
Insider LA FORGIA ROBERT M
Role null
Type Security Shares Price Value
Grant/Award Common Stock 16,149 $8.78 $142K
Holdings After Transaction: Common Stock — 143,995 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 16,149 shares Common stock grant to director on May 6, 2026
Grant price $8.78 per share Value used for the May 6, 2026 restricted share award
Shares owned after grant 143,995 shares Director’s direct RLJ Lodging Trust common stock holdings following the award
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.
2026 Equity Incentive Plan financial
"were granted to the reporting person pursuant to the RLJ Lodging Trust 2026 Equity Incentive Plan."
annual meeting of shareholders financial
"the date of the Company's 2027 annual meeting of shareholders, were granted to the reporting person..."
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.
Grant, award, or other acquisition financial
"transaction code description shows this as a Grant, award, or other acquisition."
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*
LA FORGIA ROBERT M

(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$8.78143,995D
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 RLJ (RLJ Lodging Trust) report in this Form 4 filing?

RLJ Lodging Trust reported that director Robert M. La Forgia received 16,149 restricted common shares at $8.78 per share on May 6, 2026. The award increased his direct holdings to 143,995 common shares as part of equity-based director compensation, not an open-market purchase.

How many RLJ Lodging Trust shares does Robert La Forgia now own?

After the reported equity grant, director Robert M. La Forgia directly owns 143,995 RLJ Lodging Trust common shares. This total includes the 16,149 restricted common shares awarded on May 6, 2026 under the company’s 2026 Equity Incentive Plan for directors’ compensation.

What are the vesting terms of Robert La Forgia’s new RLJ restricted shares?

The 16,149 restricted RLJ Lodging Trust common shares vest on the earlier of the first anniversary of the May 6, 2026 grant date or the date of the company’s 2027 annual meeting of shareholders. Vesting ties the award to continued board service through that timeframe.

Was the RLJ Lodging Trust Form 4 transaction an open-market stock purchase?

No. The Form 4 shows a grant of 16,149 restricted common shares to director Robert M. La Forgia at $8.78 per share. The transaction is categorized as a compensation-related grant under the 2026 Equity Incentive Plan, not an open-market buy or sell order.

Under which plan were Robert La Forgia’s new RLJ shares granted?

The 16,149 restricted common shares reported for director Robert M. La Forgia were granted under the RLJ Lodging Trust 2026 Equity Incentive Plan. This plan provides equity-based awards to directors, and the reported grant reflects routine compensation rather than discretionary trading activity in the open market.