Service Properties Trust (SVC) director reports large share gifts and equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Service Properties Trust director William A. Lamkin reported non-market share transfers and an equity award. On 2026-06-11, he made bona fide gifts totaling 134,146 Common Shares of Beneficial Interest, including transfers involving a trust where he is a trustee and beneficiary. The same day, he received 67,073 common shares at no cost as an award under the company’s equity compensation plan. After these transactions, he holds 67,073 shares directly and 79,573 shares indirectly through the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
134,146 shares gifted
Mixed
3 txns
Insider
LAMKIN WILLIAM A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares of Beneficial Interest | 67,073 | $0.00 | -- |
| Gift | Common Shares of Beneficial Interest | 67,073 | $0.00 | -- |
| Gift | Common Shares of Beneficial Interest | 67,073 | $0.00 | -- |
Holdings After Transaction:
Common Shares of Beneficial Interest — 67,073 shares (Direct, null);
Common Shares of Beneficial Interest — 79,573 shares (Indirect, By Trust)
Footnotes (1)
- Transaction reported is award of shares pursuant to the Issuer's equity compensation plan. This transaction is being reported to reflect the transfer of these shares to Janet W. Lamkin and William A. Lamkin, Trustees U/T/D 9-28-18, of which the Reporting Person is a trustee and beneficiary.
Key Figures
Gifted shares total: 134,146 shares
Equity award size: 67,073 shares
Direct holdings after: 67,073 shares
+2 more
5 metrics
Gifted shares total
134,146 shares
Bona fide gifts of Common Shares of Beneficial Interest on June 11, 2026
Equity award size
67,073 shares
Award of common shares under equity compensation plan on June 11, 2026
Direct holdings after
67,073 shares
Common Shares of Beneficial Interest held directly following transactions
Indirect holdings after
79,573 shares
Common Shares of Beneficial Interest held indirectly “By Trust” following transactions
Transaction price
$0.00 per share
All reported gifts and award on June 11, 2026
Key Terms
bona fide gift, equity compensation plan, Common Shares of Beneficial Interest
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
equity compensation plan financial
"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.
FAQ
What insider transactions did SVC director William A. Lamkin report?
William A. Lamkin reported non-market transactions in Service Properties Trust shares. He made bona fide gifts totaling 134,146 common shares and received a 67,073-share award under the equity compensation plan, all dated June 11, 2026, at a reported price of $0.00 per share.
What equity award did Lamkin receive from Service Properties Trust (SVC)?
Lamkin received an award of 67,073 common shares from Service Properties Trust. The award was granted at $0.00 per share and is described as an award of shares pursuant to the issuer’s equity compensation plan, increasing his direct holdings to 67,073 shares after the transaction.
How did Lamkin’s direct and indirect SVC holdings change after these transactions?
After the reported transactions, Lamkin’s direct holdings changed to 67,073 common shares. His indirect holdings, through a trust where he is a trustee and beneficiary, were reported as 79,573 common shares. Together, the filing shows a combined position of 146,646 Service Properties Trust shares.
What role does the trust play in Lamkin’s Service Properties Trust (SVC) holdings?
Some SVC shares are held through a trust where Lamkin is trustee and beneficiary. A footnote states a transaction reflects transfer of shares to Janet W. Lamkin and William A. Lamkin, Trustees U/T/D 9-28-18, and those indirectly held shares totaled 79,573 after the transaction.