Service Properties CEO awarded 36,390 shares
SVC’s CEO received a new equity award and now directly holds 109,849 common shares following a recent 1-for-5 reverse split.
Rhea-AI Filing Summary
Service Properties Trust (symbol: SVC) is the issuer of record for a Form 4 filing submitted to the SEC. Bilotto Christopher J. reported acquisition or exercise transactions in this Form 4 filing.
Service Properties Trust (SVC) reports that its President and CEO, Christopher J. Bilotto, received an award of 36,390 Common Shares of Beneficial Interest on September 10, 2026 under the company’s equity compensation plan. After giving effect to a 1‑for‑5 reverse share split on July 7, 2026 and related adjustments, he now holds 109,849 common shares directly. The filing also notes he discontinued participation in the dividend reinvestment plan, with 157 shares from that plan now held directly and 0.531 fractional shares sold for cash. No Rule 10b5‑1 trading plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares of Beneficial Interest F1, F2, F3 | 36,390 | -- | -- |
Footnotes (3)
- F1. Transaction reported is award of common shares of beneficial interest, par value $.01 per share (the "Common Shares"), pursuant to the Issuer's equity compensation plan.
- F2. On July 7, 2026, the Issuer effected a reverse share split (the "Reverse Split") pursuant to which every five of its Common Shares were converted and reclassified into one Common Share, subject to the receipt of cash in lieu of fractional shares. The amount in the table reflects the aggregate Common Shares owned after giving effect to the Reverse Split.
- F3. Since the Reporting Person's last report, he has discontinued participation in the Issuer's dividend reinvestment plan, and 157 Common Shares previously acquired through the dividend reinvestment plan are now held directly, and 0.531 fractional shares were sold for cash.
Key Figures
Key Terms
dividend reinvestment plan financial
equity compensation plan financial
FAQ
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What insider transaction did SVC’s CEO Christopher J. Bilotto report on this Form 4?
What change did SVC’s CEO make regarding the dividend reinvestment plan?
What type of security did the SVC CEO receive in this Form 4 transaction?
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