Service Properties director trust sells 87,680 shares
Service Properties Trust director Laurie B. Burns reported an indirect open-market sale of 87,680 common shares of beneficial interest through the Laurie B. Burns Revocable Trust.
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Rhea-AI Filing Summary
Service Properties Trust director Laurie B. Burns reported an indirect open-market sale of 87,680 common shares of beneficial interest through the Laurie B. Burns Revocable Trust. The weighted average sale price was $2.3248 per share, with individual trades ranging from $2.32 to $2.345. Following this transaction, the filing shows 0 shares held in this reported indirect position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares of Beneficial Interest | 87,680 | $2.3248 | $204K |
Footnotes (2)
- F1. Includes 87,680 shares previously held by the Reporting Person directly which were transferred to Laurie B. Burns Revocable Trust, of which the Reporting Person is a trustee and beneficiary.
- F2. The reported price is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $2.32 to $2.345 per share. Laurie B. Burns Revocable Trust, of which the Reporting Person is a trustee and beneficiary, undertakes to provide to Service Properties Trust (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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What insider transaction did SVC director Laurie B. Burns report?
What type of insider transaction was reported for SVC on this Form 4?
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