Welcome to our dedicated page for Service Properties Trust SEC filings (Ticker: SVC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Service Properties Trust filings document the regulatory record of a Maryland real estate investment trust with common shares of beneficial interest listed on Nasdaq. Its 8-K reports cover quarterly operating results, earnings presentations, material agreements for common-share offerings, capital-structure actions, ABS financing through indirect subsidiaries, and completed hotel dispositions with pro forma financial information.
Proxy materials describe annual meeting business, trustee governance, shareholder voting matters and board-related disclosures. The filing record also includes risk-factor references, exhibits, Inline XBRL cover data, and disclosure for debt instruments such as Net-Lease Mortgage Notes – Series 2026-1 tied to the trust’s net lease asset base.
Service Properties Trust reported a larger net loss for the quarter ended March 31, 2026 as it continued reshaping its portfolio and balance sheet. Net loss widened to $151.2 million, or $0.91 per share, from $116.4 million, driven in part by a $51.9 million loss on early extinguishment of debt and $28.1 million of asset impairments.
Total revenues fell to $364.5 million from $435.2 million as hotel operating revenues declined 21.0% following significant hotel sales, while rental income was essentially flat. SVC ended the quarter with 854 properties, including 761 service-focused net lease sites and 93 hotels, and remains focused on expanding its net lease portfolio and improving retained hotel performance.
The company undertook major financing actions. It issued $745.0 million of net lease mortgage notes and used cash and these proceeds to redeem $1.0 billion of higher-coupon senior unsecured notes in the quarter. In April and May 2026, it completed a large equity offering of 479.2 million shares at $1.20 per share, raising roughly $542.3 million in net proceeds that were used to redeem an additional $550.0 million of senior notes.
Service Properties Trust reported a first quarter 2026 net loss of $151.2 million, or $(0.91) per share, on total revenues of $364.5 million. Normalized FFO was $7.4 million, or $0.04 per share, and Adjusted EBITDAre reached $107.5 million.
The REIT declared a quarterly common distribution of $0.01 per share. Hotel performance produced RevPAR of $103.90 and Adjusted Hotel EBITDA of $17.9 million, while the net lease portfolio generated NOI of $92.4 million with 96.6% occupancy and 2.01x rent coverage.
To reshape its balance sheet, SVC completed a $745 million net lease asset-backed securitization at a 5.96% weighted average coupon and redeemed $1.0 billion of higher-coupon notes in the quarter. In April 2026, it issued 479.2 million common shares at $1.20, raising about $542.3 million used to retire an additional $550 million of notes. The company now has no borrowings on its $650 million revolver and guides 2026 Adjusted EBITDAre of $500–$520 million and Normalized FFO of $124–$144 million, or $0.24–$0.27 per share.
Service Properties Trust reports a Schedule 13G/A showing beneficial ownership of 55,019,156 shares (approximately 8.5%) by FF Hybrid, LP, Flat Footed LLC and Marc Andersen.
The filing states the 8.5% figure is calculated from a base of 647,221,237 shares, composed of 584,721,237 shares outstanding as represented in the issuer prospectus and 62,500,000 shares issued upon exercise of underwriter options, as described in a press release dated April 2, 2026. The filers report shared voting and dispositive power over the 55,019,156 shares.
The RMR Group LLC bought 41,666,666 common shares of Service Properties Trust in an underwritten public offering at $1.20 per share, for an aggregate purchase price of about $50,000,000. This stake represents approximately 6.44% of Service Properties’ outstanding common shares as of April 2, 2026.
Through related entities, ABP Trust is reported as beneficially owning 43,339,449 shares, or about 6.70%, while Adam D. Portnoy may be deemed to beneficially own 43,698,330 shares, or about 6.75%. RMR LLC and certain executives and trustees entered 90‑day lock-up agreements restricting share sales after March 31, 2026, and state that the shares are held for investment purposes while retaining flexibility to buy or sell in the future.
Service Properties Trust reports a 13G disclosure showing FF Hybrid, LP (managed by Flat Footed LLC and Marc Andersen) beneficially owns 55,019,156 shares, representing 9.4% of common shares. The filing ties the percentage to 584,721,237 shares outstanding as of April 2, 2026 as represented in the issuer's prospectus. The statement lists shared voting and dispositive power for the reported shares and includes the Rule 13d-4 disclaimer from the Funds.
Service Properties Trust reports a disclosed 55,700,000-share ownership stake. Helix Strategic Fund directly holds 55,700,000 Common Shares, representing 8.6% of the class based on 647,221,237 shares outstanding. The outstanding total is described as 584,721,237 plus 62,500,000 shares issued upon exercise of the underwriters' option.
The filing lists Helix Partners Management, MMD Holdings Ltd and Jonathan Heller as related reporting persons and shows shared voting and dispositive power over the disclosed shares.
Service Properties Trust director Donna D. Fraiche made an open-market purchase of company stock. On this transaction date, she bought 83,333 Common Shares of Beneficial Interest at a price of $1.20 per share. After the purchase, she directly owned 182,013 common shares.
Service Properties Trust director Rajan Penkar reported an open-market purchase of 10,000 Common Shares of Beneficial Interest on April 2, 2026 at $1.20 per share, all held directly after the trade.
Separately, the filing shows 65,680 shares held indirectly through the Rajan Chandrakant Penkar Revocable Trust, which previously received these shares from Penkar’s direct holdings. The filing therefore reflects both a new open-market purchase and a substantial existing indirect position via the trust.
Service Properties Trust CFO and Treasurer Brian E. Donley bought 55,000 common shares of beneficial interest in an open-market transaction. He paid $1.20 per share, increasing his direct ownership to 203,660 shares. This filing reflects a direct purchase rather than an option exercise or equity award.
Service Properties Trust President and CEO Christopher J. Bilotto made an open-market purchase of 100,000 common shares of beneficial interest at $1.20 per share. After this transaction, he directly holds 298,369.387 shares, reflecting a larger personal stake in the company.
The total includes 818.551 shares that were acquired through a dividend reinvestment plan since his last ownership report, showing that dividends have been regularly reinvested into additional shares over time.