SVC CEO granted 67,073 Service Properties shares
Bilotto Christopher J. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Bilotto Christopher J. reported acquisition or exercise transactions in this Form 4 filing.
Service Properties Trust director and CEO Christopher J. Bilotto received an equity grant of 67,073 Common Shares of Beneficial Interest. The award was granted at no cash cost to him under the company’s equity compensation plan and increases his direct ownership stake.
After this grant and including shares accumulated through a dividend reinvestment plan, Bilotto directly holds 366,515.09 common shares. This transaction reflects compensation in stock rather than an open‑market purchase or sale, aligning his interests more closely with shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares of Beneficial Interest | 67,073 | $0.00 | $0.00 |
Footnotes (2)
- F1. Transaction reported is award of shares pursuant to the Issuer's equity compensation plan.
- F2. Includes 1,072.703 shares acquired under a dividend reinvestment plan since the last Section 16 filing by the Reporting Person.
Key Figures
Key Terms
equity compensation plan financial
dividend reinvestment plan financial
Grant, award, or other acquisition financial
FAQ
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What insider transaction did SVC’s CEO Christopher Bilotto report?
What is the nature of the SVC Form 4 transaction reported by the CEO?
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