STOCK TITAN

Director trust sells 87,680 Service Properties (NASDAQ: SVC) shares

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Burns Laurie B.

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

(Street)
NEWTON MA 02458

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Service Properties Trust [ NASDAQ:SVC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Shares of Beneficial Interest 02/27/2026 S 87,680(1) D $2.3248(2) 0 I By 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ Laurie B. Burns 02/27/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did SVC director Laurie B. Burns report?

Laurie B. Burns reported an indirect open-market sale of 87,680 Service Properties Trust (SVC) common shares through the Laurie B. Burns Revocable Trust. The filing shows this transaction reduced the reported indirect holdings in that position to 0 shares afterward.

At what price were the 87,680 SVC shares sold by the Burns trust?

The 87,680 SVC shares were sold at a weighted average price of $2.3248 per share. According to the disclosure, individual trades occurred in multiple transactions at prices ranging from $2.32 to $2.345 per share for the trust.

Who actually held the SVC shares sold in this Laurie B. Burns filing?

The sold SVC shares were held by the Laurie B. Burns Revocable Trust, where Burns is trustee and beneficiary. A footnote explains the 87,680 shares had previously been held directly, then transferred into the trust before this reported sale.

How many SVC shares does the Laurie B. Burns trust hold after the sale?

After the reported sale, the filing lists 0 common shares in the reported indirect position for the Laurie B. Burns Revocable Trust. This means the specific holding reported in this Form 4 was fully sold, based on the post-transaction share balance field.

What type of insider transaction was reported for SVC on this Form 4?

The transaction was a non-derivative, open-market sale of Service Properties Trust common shares, coded “S” for sale. It was executed indirectly through a revocable trust associated with director Laurie B. Burns, at a weighted average price of $2.3248 per share.
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