STOCK TITAN

Rajan Penkar awarded 67,073 SVC shares under equity plan

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

Rhea-AI Filing Summary

Penkar Rajan reported acquisition or exercise transactions in this Form 4 filing.

Service Properties Trust director Rajan Penkar reported new equity compensation and a change in how some shares are held. He received an award of 67,073 Common Shares of Beneficial Interest at no cash cost under the company’s equity compensation plan, bringing his direct holdings to 77,073 shares.

In a separate entry, 65,680 shares previously held directly were transferred to the Rajan Chandrakant Penkar Revocable Trust, where he is sole trustee and beneficiary, so this reflects a shift from direct to indirect ownership rather than a market trade.

Positive

  • None.

Negative

  • None.
Insider Penkar Rajan
Role null
Type Security Shares Price Value
Grant/Award Common Shares of Beneficial Interest 67,073 $0.00 --
holding Common Shares of Beneficial Interest -- -- --
Holdings After Transaction: Common Shares of Beneficial Interest — 77,073 shares (Direct, null); Common Shares of Beneficial Interest — 65,680 shares (Indirect, By Trust)
Footnotes (1)
  1. Transaction reported is award of shares pursuant to the Issuer's equity compensation plan. 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.
Equity award shares 67,073 shares Common Shares of Beneficial Interest granted under equity compensation plan
Grant price per share $0.0000 per share Stated transaction price for 67,073-share equity award
Direct holdings after grant 77,073 shares Common Shares of Beneficial Interest held directly after award
Shares moved to trust 65,680 shares Previously held directly, transferred to revocable trust with Penkar as sole trustee and beneficiary
Holding entries 1 entry One holding-type entry in transaction summary
Acquire-type transactions 1 transaction Grant/award acquisition in transaction summary
equity compensation plan financial
"Transaction reported is award of shares pursuant to the Issuer's equity compensation plan."
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
Common Shares of Beneficial Interest financial
"security_title: Common Shares of Beneficial Interest"
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.
revocable trust financial
"transferred to 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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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)
06/11/2026
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 Interest06/11/2026A67,073A(1)77,073D
Common Shares of Beneficial Interest65,680(2)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. Transaction reported is award of shares pursuant to the Issuer's equity compensation plan.
2. 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. Penkar06/12/2026
** 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 did SVC director Rajan Penkar report in this Form 4?

He reported an equity award and an ownership reclassification. Penkar received 67,073 common shares under Service Properties Trust’s equity compensation plan and moved 65,680 shares from direct ownership into a revocable trust he controls.

How many Service Properties Trust (SVC) shares was Rajan Penkar granted?

He was granted 67,073 Common Shares of Beneficial Interest. The award was made under Service Properties Trust’s equity compensation plan and carried a stated price of $0.0000 per share, indicating a compensation grant rather than a market purchase.

What are Rajan Penkar’s direct SVC share holdings after the grant?

Following the equity award, Penkar’s direct holdings total 77,073 common shares. This figure reflects the position after the 67,073-share compensation grant reported in the Form 4, separate from additional shares held indirectly through a revocable trust.

Why were 65,680 SVC shares moved into a revocable trust?

The filing states 65,680 shares previously held directly were transferred to the Rajan Chandrakant Penkar Revocable Trust. Penkar is the sole trustee and beneficiary, so the change reflects indirect ownership through the trust, not a sale or purchase in the market.

Does this SVC Form 4 show any open-market buying or selling?

No open-market trades are shown. The Form 4 reports a 67,073-share equity compensation award at $0.0000 per share and a transfer of 65,680 shares into a revocable trust, both of which are non-market transactions affecting how holdings are recorded.