STOCK TITAN

Director Rajan Penkar adds 10,000 Service Properties Trust (NASDAQ: SVC) shares

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

Rhea-AI Filing Summary

Service Properties Trust director Rajan Penkar reported an open-market purchase of 10,000 Common Shares of Beneficial Interest on April 2, 2026 at $1.20 per share, all held directly after the trade.

Separately, the filing shows 65,680 shares held indirectly through the Rajan Chandrakant Penkar Revocable Trust, which previously received these shares from Penkar’s direct holdings. The filing therefore reflects both a new open-market purchase and a substantial existing indirect position via the trust.

Positive

  • None.

Negative

  • None.
Insider Penkar Rajan
Role Director
Bought 10,000 shs ($12K)
Type Security Shares Price Value
Purchase Common Shares of Beneficial Interest 10,000 $1.20 $12K
holding Common Shares of Beneficial Interest -- -- --
Holdings After Transaction: Common Shares of Beneficial Interest — 10,000 shares (Direct); Common Shares of Beneficial Interest — 65,680 shares (Indirect, By Trust)
Footnotes (1)
  1. [object Object]
Shares purchased 10,000 shares Open-market buy on April 2, 2026
Purchase price $1.20 per share Open-market transaction
Direct holdings after trade 10,000 shares Common Shares of Beneficial Interest
Indirect trust holdings 65,680 shares Held by Rajan Chandrakant Penkar Revocable Trust
Net buy direction 10,000 shares net-buy transactionSummary netBuySellShares
open-market purchase financial
"transaction_action: "open-market purchase" for 10,000 common shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Shares of Beneficial Interest financial
"security_title: "Common Shares of Beneficial Interest" in the Form 4"
Common Shares of Beneficial Interest are units that represent ownership in a company or organization, like owning a piece of a pie. They give investors voting rights and a chance to share in profits, making them important for those looking to invest and have a say in how the organization is run.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "By Trust" indicate indirect ownership"
Revocable Trust financial
"footnote describes the Rajan Chandrakant Penkar Revocable Trust U/A DTD 10/25/11"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
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*
Penkar Rajan

(Last)(First)(Middle)
C/O THE RMR GROUP LLC
TWO NEWTON PL., 255 WASH. ST., STE. 300

(Street)
NEWTON MASSACHUSETTS 02458

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Service Properties Trust [ NASDAQ:SVC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
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 Shares of Beneficial Interest04/02/2026P10,000A$1.210,000D
Common Shares of Beneficial Interest65,680(1)IBy Trust
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. Consists of 65,680 shares previously held by the Reporting Person directly which were transferred to the Rajan Chandrakant Penkar Revocable Trust U/A DTD 10/25/11, of which the Reporting Person is the sole trustee and beneficiary.
/s/ Rajan C. Penkar04/06/2026
** 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 transaction did Rajan Penkar report for SVC?

Rajan Penkar reported an open-market purchase of 10,000 Common Shares of Beneficial Interest in Service Properties Trust at $1.20 per share. The trade occurred on April 2, 2026 and is classified as a direct ownership transaction.

How many SVC shares did Rajan Penkar buy and at what price?

Rajan Penkar bought 10,000 Service Properties Trust shares at $1.20 per share in an open-market transaction. This purchase increased his directly held position to 10,000 common shares of beneficial interest, according to the Form 4 filing.

What indirect SVC shareholdings does Rajan Penkar report?

The filing lists 65,680 Service Properties Trust shares held indirectly through the Rajan Chandrakant Penkar Revocable Trust. These shares were previously held directly by Penkar and transferred to the trust, where he serves as sole trustee and beneficiary.

Is the SVC insider transaction a buy or a sell?

The Service Properties Trust Form 4 shows a buy transaction. Rajan Penkar executed an open-market purchase of 10,000 common shares at $1.20 per share, with no reported sales or derivative exercises in this filing.

How many SVC shares does Rajan Penkar hold directly after the trade?

After the reported transaction, Rajan Penkar directly holds 10,000 Service Properties Trust common shares of beneficial interest. The filing also shows an additional 65,680 shares held indirectly through his revocable trust, which reflects a separate ownership line.

What is the role of the revocable trust in Rajan Penkar’s SVC holdings?

The revocable trust holds 65,680 Service Properties Trust shares that were previously owned directly by Rajan Penkar. The Form 4 states he is the sole trustee and beneficiary of this trust, so these shares are reported as indirect ownership under his name.