Service Properties Trust director buys 10,000 shares
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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 10,000 | $1.20 | $12K |
| holding | Common Shares of Beneficial Interest | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
open-market purchase financial
indirect ownership financial
Revocable Trust financial
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