Director Robert La Forgia granted 16,149 RLJ Lodging Trust (RLJ) shares
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Restricted shares granted: 16,149 shares
Grant price: $8.78 per share
Shares owned after grant: 143,995 shares
3 metrics
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
Key Terms
restricted common shares, 2026 Equity Incentive Plan, annual meeting of shareholders, Grant, award, or other acquisition
4 terms
2026 Equity Incentive Plan financial
"were granted to the reporting person pursuant to the RLJ Lodging Trust 2026 Equity Incentive Plan."
Grant, award, or other acquisition financial
"transaction code description shows this as a Grant, award, or other acquisition."
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.
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.