RLJ Lodging Trust (NYSE: RLJ) grants CAO 98,814 restricted shares
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Restricted shares granted: 98,814 shares
Grant value per share: $8.78 per share
Total shares after grant: 330,231 shares
+1 more
4 metrics
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
Key Terms
restricted common shares, vesting ratably, Equity Incentive Plan, grant, award, or other acquisition
4 terms
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"
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.