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Service Properties CEO withholds 7,635 shares for tax

Service Properties Trust’s CEO had shares withheld to cover taxes on a vesting equity award, and continues to hold over 100,000 common shares.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Service Properties Trust (SVC) reported that President and CEO Christopher J. Bilotto had 7,635 Common Shares of Beneficial Interest withheld on September 17, 2026 to pay tax liability related to a vesting award. The shares were valued at $6.57 per share for this tax-withholding transaction.

After this withholding, Bilotto continues to hold 102,214 common shares directly. No Rule 10b5-1 trading plan is reported in connection with this Form 4, and the filing characterizes the transaction purely as tax withholding under Rule 16b-3, not an open-market sale.

Positive

  • None.

Negative

  • None.
Insider Bilotto Christopher J.
Role President and CEO
Type Security Shares Price Value
Tax Withholding Common Shares of Beneficial Interest F1 7,635 $6.57 $50K
Holdings After Transaction: Common Shares of Beneficial Interest — 102,214 shares (Direct)
Footnotes (1)
  1. F1. Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.
Shares withheld for taxes 7,635 shares Shares withheld on September 17, 2026 to pay tax liability on vesting
Per-share value for tax withholding $6.57 per share Valuation used for the 7,635 withheld shares in the tax-withholding transaction
Shares held after transaction 102,214 shares Common Shares of Beneficial Interest directly owned by the CEO after the withholding
Common Shares of Beneficial Interest financial
"security titled "Common Shares of Beneficial Interest" was reported"
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.
Rule 16b-3 regulatory
"issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
Payment of tax liability by withholding securities financial
"Payment of tax liability by withholding securities incident to the vesting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SVC report for CEO Christopher J. Bilotto?

Service Properties Trust reported that CEO Christopher J. Bilotto had 7,635 common shares withheld on September 17, 2026 to pay tax liability related to a vesting equity award, rather than executing an open-market share sale.

At what price were the SVC shares valued for the CEO’s tax-withholding transaction?

The withheld Service Properties Trust shares were valued at $6.57 per share for the purpose of the tax-liability payment associated with the vesting of the equity award, according to the Form 4 disclosure.

How many SVC shares does the CEO hold after this Form 4 transaction?

Following the tax-withholding transaction, CEO Christopher J. Bilotto directly holds 102,214 Common Shares of Beneficial Interest of Service Properties Trust, as stated in the Form 4’s post-transaction ownership line.

Was the SVC CEO’s Form 4 transaction executed under a Rule 10b5-1 trading plan?

No. The Form 4 for Service Properties Trust indicates that no Rule 10b5-1 trading plan is associated with the reported transaction; the filing instead describes it as tax withholding upon vesting under Rule 16b-3.

Does the SVC Form 4 indicate an open-market sale by the CEO?

No. The transaction is classified as a payment of tax liability by withholding securities upon vesting, with 7,635 shares withheld, and is not described as an open-market sale of Service Properties Trust shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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*
Bilotto Christopher J.

(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
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2026
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 Interest09/17/2026F(1)7,635D$6.57102,214D
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. Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.
/s/ Christopher J. Bilotto09/21/2026
** 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)

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