RLJ Lodging Trust (RLJ) grants 36,452 restricted shares to accounting chief
Rhea-AI Filing Summary
Gormsen Christopher Andrew reported acquisition or exercise transactions in this Form 4 filing.
RLJ Lodging Trust reported that Chief Accounting Officer Christopher Andrew Gormsen received a grant of 36,452 common shares on February 20, 2026. The restricted shares were valued at $8.23 per share and increased his directly held stake to 223,639 shares.
The shares are restricted stock that will vest in equal installments over three years on each anniversary of the grant date, and were issued under the RLJ Lodging Trust 2021 Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 36,452 shares
Net Buy
1 txn
Insider
Gormsen Christopher Andrew
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 36,452 | $8.23 | $300K |
Holdings After Transaction:
Common Shares — 223,639 shares (Direct)
Footnotes (1)
- F1. These restricted 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 2021 Equity Incentive Plan.
FAQ
What insider transaction did RLJ Lodging Trust (RLJ) disclose for Christopher Gormsen?
RLJ Lodging Trust disclosed that Chief Accounting Officer Christopher Andrew Gormsen received a grant of 36,452 restricted common shares. The award was reported as an acquisition under the 2021 Equity Incentive Plan and reflects equity-based compensation rather than an open-market stock purchase.
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