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RLJ Lodging Trust (NYSE: RLJ) awards shares, covers tax with stock

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

Rhea-AI Filing Summary

RLJ Lodging Trust Chief Accounting Officer Christopher Andrew Gormsen reported equity compensation activity in company common shares. He received a grant of 15,599 restricted common shares that vested immediately under the RLJ Lodging Trust 2021 Equity Incentive Plan. To satisfy related tax withholding obligations, 7,821 common shares were surrendered to the issuer at $7.60 per share, rather than sold on the open market. After these transactions, Gormsen directly holds 231,417 common shares of RLJ Lodging Trust.

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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)
03/18/2026
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 Shares03/18/2026A15,599(1)A$0239,238D
Common Shares03/18/2026F7,821(2)D$7.6231,417D
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 immediately, were granted to the reporting person pursuant to the RLJ Lodging Trust 2021 Equity Incentive Plan.
2. Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted common shares.
/s/ Leslie D. Hale, Attorney-in-Fact03/20/2026
** 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 transactions did RLJ (RLJ Lodging Trust) report for its Chief Accounting Officer?

RLJ Lodging Trust reported that Chief Accounting Officer Christopher Andrew Gormsen received a grant of 15,599 restricted common shares, which vested immediately. He also surrendered 7,821 shares back to the company to cover tax withholding tied to the vesting, a routine non-market event.

How many RLJ Lodging Trust shares were granted to the Chief Accounting Officer?

Christopher Andrew Gormsen was granted 15,599 restricted common shares of RLJ Lodging Trust. According to the filing, these restricted shares vested immediately under the RLJ Lodging Trust 2021 Equity Incentive Plan, representing compensation rather than an open-market purchase of stock.

Why were 7,821 RLJ Lodging Trust shares disposed of in this Form 4 filing?

The 7,821 RLJ Lodging Trust common shares were surrendered to the issuer to satisfy tax withholding obligations. This occurred in connection with the vesting of restricted common shares, meaning the disposition was a tax-related withholding event, not an open-market sale by the executive.

What price per share was used for the RLJ Lodging Trust tax withholding shares?

The shares surrendered for tax withholding were valued at $7.60 per RLJ Lodging Trust common share. This per-share value applied to 7,821 shares delivered back to the company to cover tax obligations arising from the vesting of restricted stock awards.

How many RLJ Lodging Trust shares does the Chief Accounting Officer hold after these transactions?

Following the grant and tax withholding surrender, Chief Accounting Officer Christopher Andrew Gormsen directly holds 231,417 RLJ Lodging Trust common shares. This total reflects his position after receiving 15,599 restricted shares and surrendering 7,821 shares to cover associated tax liabilities.

Are the RLJ Lodging Trust insider transactions open-market buys or sales?

The RLJ Lodging Trust transactions reflect equity compensation and tax withholding, not open-market trades. The executive received 15,599 restricted common shares as a grant, and 7,821 shares were surrendered back to the issuer solely to satisfy tax withholding requirements on the vested shares.
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