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Service Properties (SVC) CEO Receives 87,719-Share Equity Award

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

Rhea-AI Filing Summary

Christopher J. Bilotto, who serves as President and CEO and a director of Service Properties Trust (NASDAQ:SVC), reported acquiring 87,719 common shares on 09/09/2025 as an award under the issuer's equity compensation plan. After the award, Mr. Bilotto beneficially owns 208,987.836 shares, a total that includes 269.284 shares added via the issuer's dividend reinvestment plan since his last Section 16 filing. The Form 4 was signed on 09/11/2025. All items reported are non-derivative common shares; no options, warrants, or derivative transactions are disclosed.

Positive

  • Clear disclosure of an equity award under the issuer's compensation plan
  • Beneficial ownership amount provided including specific DRIP shares (269.284) for transparency
  • Reporting person identified with roles (President and CEO, Director), aiding investor context

Negative

  • No price disclosed for the awarded shares within the Form 4
  • Form does not specify vesting schedule or award terms, limiting detail on economic rights
  • Fractional share in total (208,987.836) not explained beyond DRIP note

Insights

TL;DR: Insider award increased CEO's stake by 87,719 shares; filing shows standard equity-compensation activity.

The filing documents a non-derivative equity award to the company's President and CEO totaling 87,719 shares, increasing his beneficial ownership to 208,987.836 shares. The disclosure also notes 269.284 shares were acquired via dividend reinvestment since the last Section 16 filing. This is a routine Section 16 disclosure reflecting compensation and reinvestment activity rather than open-market purchases or sales. No derivative instruments or dispositions are reported.

TL;DR: Governance disclosure is complete for the reported equity award and DRIP share additions; roles and filing status are clearly stated.

The Form 4 identifies Mr. Bilotto as both an officer and director, and it records a compensation-related award and dividend reinvestment activity. The filing appears to follow Section 16 requirements: it lists the transaction code, resulting beneficial ownership, and an explanatory note that the award arose from the issuer's equity compensation plan. There are no amendments, derivative holdings, or joint filer complications indicated.

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*
Bilotto Christopher J.

(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
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025
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 09/09/2025 A 87,719 A (1) 208,987.836(2) D
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. Transaction reported is award of shares pursuant to the Issuer's equity compensation plan.
2. Includes 269.284 shares acquired under a dividend reinvestment plan since the last Section 16 filing by Mr. Bilotto.
/s/ Christopher J. Bilotto 09/11/2025
** 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 transaction did Christopher J. Bilotto report on Form 4 for SVC?

The Form 4 reports an award of 87,719 common shares of Service Properties Trust on 09/09/2025 under the issuer's equity compensation plan.

How many SVC shares does the reporting person own after the transaction?

After the reported transaction, Christopher J. Bilotto beneficially owns 208,987.836 shares of SVC.

Does the Form 4 show any derivative transactions for SVC by Mr. Bilotto?

No. The filing discloses only non-derivative common shares; there are no options, warrants, or other derivative securities reported.

Were any shares acquired through dividend reinvestment (DRIP)?

Yes. The filing states that 269.284 shares were acquired under a dividend reinvestment plan since Mr. Bilotto's last Section 16 filing.

What roles does Christopher J. Bilotto hold at Service Properties Trust?

The Form 4 lists Mr. Bilotto as President and CEO and as a director of Service Properties Trust.
Service Properties Trust

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