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RLJ Lodging Trust (NYSE: RLJ) grants CAO 98,814 restricted shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gormsen Christopher Andrew reported acquisition or exercise transactions in this Form 4 filing.

RLJ Lodging Trust Chief Accounting Officer Christopher Andrew Gormsen received a grant of 98,814 restricted common shares at $8.78 per share. These shares vest in equal installments over three years under the RLJ Lodging Trust 2026 Equity Incentive Plan, bringing his direct holdings to 330,231 common shares.

Positive

  • None.

Negative

  • None.
Insider Gormsen Christopher Andrew
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Shares 98,814 $8.78 $868K
Holdings After Transaction: Common Shares — 330,231 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 98,814 shares Grant of common shares to CAO on May 6, 2026
Grant value per share $8.78 per share Reported price for restricted common share award
Total shares after grant 330,231 shares Direct holdings of CAO following the transaction
Vesting period 3 years Restricted shares vest ratably on each yearly anniversary
restricted common shares financial
"These restricted common shares, vesting ratably over three years"
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.
vesting ratably financial
"vesting ratably over three years on the yearly anniversary"
Equity Incentive Plan financial
"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 financial
"transaction code description: 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*
Gormsen Christopher Andrew

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
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 Shares05/06/2026A98,814(1)A$8.78330,231D
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 ratably over three years on the yearly anniversary of the date of grant, 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 insider transaction did RLJ Lodging Trust (RLJ) report for Christopher Gormsen?

RLJ Lodging Trust reported that Chief Accounting Officer Christopher Andrew Gormsen received a grant of 98,814 restricted common shares at $8.78 per share. The award is a stock-based compensation grant rather than an open-market purchase or sale.

How many RLJ Lodging Trust shares does Christopher Gormsen hold after this Form 4 filing?

After the reported grant, Christopher Andrew Gormsen directly holds 330,231 common shares of RLJ Lodging Trust. This total includes the newly awarded 98,814 restricted shares, which will vest over time according to the company’s 2026 Equity Incentive Plan.

What are the vesting terms of the RLJ Lodging Trust restricted shares granted to Christopher Gormsen?

The 98,814 restricted common shares granted to Christopher Andrew Gormsen vest ratably over three years on each yearly anniversary of the grant date. This time-based vesting schedule aligns the award with ongoing service under RLJ Lodging Trust’s 2026 Equity Incentive Plan.

Was the RLJ Lodging Trust insider transaction a market buy or sell of shares?

No, the transaction was not a market buy or sell. The Form 4 shows a code “A” transaction, meaning a grant or award of 98,814 restricted common shares to Christopher Andrew Gormsen as compensation, with no open-market purchase or sale involved.

At what price were the RLJ Lodging Trust restricted shares granted to Christopher Gormsen valued?

The 98,814 restricted common shares awarded to Christopher Andrew Gormsen were valued at $8.78 per share. This per-share value is disclosed in the Form 4 and is used for reporting the grant of the equity compensation award.