Welcome to our dedicated page for RLJ Lodging Trust SEC filings (Ticker: RLJ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on RLJ Lodging Trust's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into RLJ Lodging Trust's regulatory disclosures and financial reporting.
RLJ Lodging Trust reported softer 2025 results but highlighted a stronger balance sheet and clear 2026 outlook. For the fourth quarter, comparable RevPAR was $136.79, down 1.5%, while comparable hotel revenue inched up 0.2% to $325.1 million. Net income was $0.5 million, Adjusted EBITDA was $80.4 million, and Adjusted FFO was $48.7 million, or $0.32 per diluted common share and unit.
For the full year 2025, RLJ generated total revenues of $1.35 billion and net income of $28.6 million. Adjusted EBITDA was $334.6 million, and Adjusted FFO was $209.4 million, or $1.39 per diluted common share and unit, both down from 2024. The company sold two hotels for $49.5 million, repurchased 3.3 million shares for $28.6 million, and ended the year with over $1.0 billion of liquidity against $2.2 billion of debt. Management refinanced all debt maturities through 2028 and guided 2026 Adjusted EBITDA to $312–342 million and Adjusted FFO per diluted share to $1.21–$1.41.
McKalip Frederick D. reported acquisition or exercise transactions in this Form 4 filing.
RLJ Lodging Trust granted EVP, General Counsel and Corporate Secretary Frederick D. McKalip 57,715 common shares on February 20, 2026 as a restricted stock award under the RLJ Lodging Trust 2021 Equity Incentive Plan. These restricted shares vest ratably over three years on each anniversary of the grant date. Following this grant, McKalip directly owns 280,304 common shares of RLJ Lodging Trust.
RLJ Lodging Trust Executive Chairman Robert L. Johnson reported an equity award of common shares. He acquired 92,952 restricted common shares at $8.23 per share as a grant under the RLJ Lodging Trust 2021 Equity Incentive Plan, bringing his directly held common shares to 1,568,562.
The restricted shares vest ratably over three years on each annual anniversary of the grant date, meaning the award is earned over time. Johnson also reports holding 335,250 OP Units, which are partnership interests that are immediately redeemable, subject to limitations, for cash equal to the market value of, or an equal number of, common shares.
Bhalla Nikhil reported acquisition or exercise transactions in this Form 4 filing.
RLJ Lodging Trust senior executive Nikhil Bhalla, SVP, CFO & Treasurer, received a grant of 51,640 restricted common shares at $8.23 per share under the RLJ Lodging Trust 2021 Equity Incentive Plan. These shares vest ratably over three years on each anniversary of the grant date, bringing his direct holdings to 195,597 common shares.
Hale Leslie D. reported acquisition or exercise transactions in this Form 4 filing.
RLJ Lodging Trust reported that President and CEO Leslie D. Hale received a grant of 385,783 common shares on February 20, 2026. The shares were valued at $8.23 per share for reporting purposes, and Hale held 2,141,414 common shares following the award.
These are restricted shares that vest in equal installments over three years on each yearly anniversary of the grant date, under the RLJ Lodging Trust 2021 Equity Incentive Plan. This reflects equity-based compensation rather than an open-market purchase.
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.
RLJ Lodging Trust reported that EVP and COO Thomas Bardenett acquired 103,280 common shares through a grant/award on February 20, 2026. The award was priced at $8.23 per share and consists of restricted shares that vest ratably over three years on each yearly anniversary of the grant date.
Following this equity grant under the RLJ Lodging Trust 2021 Equity Incentive Plan, Bardenett’s direct holdings increased to 487,435 common shares, aligning a portion of his compensation with the company’s long-term performance.
RLJ Lodging Trust has executed a broad refinancing that pushes all of its debt maturities out beyond 2028 and is expected to address its $500 million senior notes maturing in July 2026. The centerpiece is a Sixth Amended and Restated Credit Agreement that extends the $600 million revolving credit facility’s maturity from May 2027 to February 2030, with additional extension options, and adds a new $569 million unsecured delayed-draw term loan replacing a $225 million term loan.
The company now has $225 million outstanding under the new Tranche A-1 Term Loan and $500 million outstanding under an existing Tranche A-2 Term Loan, both unsecured and tied to SOFR- or base-rate-based pricing that varies with leverage. It also put in place a new $150 million unsecured delayed-draw term loan maturing in 2033 and refinanced two mortgage loans totaling about $155 million, extending their final maturity, including extensions, to April 2031. Management highlights that despite today’s higher rate environment, the new facilities were priced on attractive terms and are designed to ladder maturities and support redevelopment, acquisitions, capital spending, dividends and general corporate purposes.
RLJ Lodging Trust’s EVP and COO Thomas Bardenett reported two Form 4 transactions involving common shares used to cover taxes on vested equity. On February 16 and 17, he disposed of 7,283 and 5,315 common shares, respectively, at $8.29 per share through tax-withholding surrenders to the company.
RLJ Lodging Trust executive chairman Robert L. Johnson reported tax-related share dispositions. On February 16 and 17, he surrendered 7,523 and 6,370 common shares, respectively, at $8.29 per share to cover tax withholding on vesting restricted shares, leaving 1,475,610 common shares held directly. He also reports holding 335,250 OP Units, which are redeemable for cash or an equal number of common shares.