RLJ Lodging Trust sees 5.9% stake disclosed by investor He Zhengxu
RLJ Lodging Trust reported that individual investor He Zhengxu has filed a Schedule 13G showing a sizeable passive stake in the company.
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Rhea-AI Filing Summary
RLJ Lodging Trust reported that individual investor He Zhengxu has filed a Schedule 13G showing a sizeable passive stake in the company. As of the reported date, He beneficially owns 8,834,960 shares of RLJ Lodging Trust common stock, representing 5.9% of the outstanding class. The filing states that He has sole power to vote and dispose of all these shares, with no shared voting or dispositive power.
The certification explains that the securities were acquired and are held in the ordinary course of business and are not intended to change or influence control of RLJ Lodging Trust. The filing also notes that the position is not held on behalf of others and that there is no group or subsidiary involved in the ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of RLJ Lodging Trust (RLJ) does He Zhengxu own?
Is the RLJ Lodging Trust stake held with the intent to influence control?
What type of security in RLJ Lodging Trust does the Schedule 13G cover?
AI-generated analysis. How Rhea-AI works. Not financial advice.