Xenia Hotels director granted 6,098 LTIP Units
GOULET, BEVERLY K. reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
GOULET, BEVERLY K. reported acquisition or exercise transactions in this Form 4 filing.
Xenia Hotels & Resorts director Beverly K. Goulet received an equity award of 6,098 LTIP Units on May 14, 2026. These LTIP Units are granted at a price of $0.00 under the company’s 2015 Incentive Award Plan and are a form of long-term incentive compensation.
Each LTIP Unit is linked to an equivalent number of shares of Xenia’s common stock through underlying partnership units, and may over time reach parity with common units as described in the partnership agreement. Following this award, Goulet holds a total of 71,938 LTIP Units directly.
Insider Trade Summary
Grant/Award: 6,098 shares
Grant/Award
1 txn
Insider
GOULET, BEVERLY K.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units | 6,098 | $0.00 | $0.00 |
Holdings After Transaction:
LTIP Units — 71,938 contracts (Direct)
Footnotes (2)
- F1. LTIP Units are a class of limited partnership units in XHR LP (the "Operating Partnership"), of which the Issuer's wholly-owned subsidiary is the general partner. Initially, the LTIP Units do not have full parity with common limited partnership units of the Operating Partnership ("Common Units") with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the LTIP Units can over time achieve full parity with the Common Units for all purposes. If such parity is reached, vested LTIP Units may be converted into an equal number of Common Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership.
- F2. (continued from Footnote 1) Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of the Issuer's common stock, or, at the election of the Issuer, an equal number of shares of the Issuer's common stock, each subject to adjustment in the event of stock splits, specified extraordinary distributions or similar events. The LTIP Units issued pursuant to the Xenia Hotels & Resorts, Inc., XHR Holding, Inc. and XHR LP 2015 Incentive Award Plan were fully vested on the grant date.
Key Figures
LTIP Units granted: 6,098 LTIP Units
LTIP Units held after grant: 71,938 LTIP Units
Grant price per LTIP Unit: $0.00 per unit
+1 more
4 metrics
LTIP Units granted
6,098 LTIP Units
Award to Beverly K. Goulet on May 14, 2026
LTIP Units held after grant
71,938 LTIP Units
Total direct holdings following the transaction
Grant price per LTIP Unit
$0.00 per unit
Equity award under 2015 Incentive Award Plan
Underlying common shares
6,098 shares
Underlying Xenia common stock linked to LTIP Units
Key Terms
LTIP Units, Common Units, Operating Partnership, 2015 Incentive Award Plan
4 terms
LTIP Units financial
"LTIP Units are a class of limited partnership units in XHR LP"
LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.
Common Units financial
"the LTIP Units can over time achieve full parity with the Common Units"
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
Operating Partnership financial
"LTIP Units are a class of limited partnership units in XHR LP (the "Operating Partnership")"
An operating partnership is a separate legal entity set up to own and run a company’s core assets and day-to-day businesses, while investors hold interests indirectly through the parent company. Think of it like a dedicated garage that actually stores and services the cars while the owner keeps the dealership; it matters to investors because it affects how income, taxes, liability and voting rights are allocated and therefore can influence distributions and risk.
2015 Incentive Award Plan financial
"The LTIP Units issued pursuant to the Xenia Hotels & Resorts, Inc., XHR Holding, Inc. and XHR LP 2015 Incentive Award Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Xenia Hotels (XHR) report for Beverly K. Goulet?
Beverly K. Goulet received a grant of 6,098 LTIP Units. The award was made on May 14, 2026 at a price of $0.00 per unit as part of Xenia Hotels & Resorts’ long-term equity incentive program for directors.
How many LTIP Units does Beverly K. Goulet hold after this XHR Form 4?
After the transaction, Goulet holds 71,938 LTIP Units directly. The grant of 6,098 LTIP Units increased her derivative equity position in Xenia’s operating partnership, reflecting ongoing use of equity-based compensation rather than a market purchase or sale.
What are LTIP Units in Xenia Hotels & Resorts (XHR) Form 4 filing?
LTIP Units are a class of limited partnership units in XHR LP. They initially lack full parity with common units for liquidating distributions but can reach full parity over time, then may be converted into common units on a one-for-one basis under the partnership agreement.
Can XHR LTIP Units reported in this filing be converted into common stock?
Vested LTIP Units may be converted into common units on a one-for-one basis. Those common units are redeemable for cash based on the fair market value of equivalent common shares, or an equal number of Xenia’s common shares, subject to adjustments for corporate actions.
Were the LTIP Units in this Xenia Hotels (XHR) Form 4 vested on grant?
The LTIP Units granted under the 2015 Incentive Award Plan were fully vested on the grant date. This means Goulet’s 6,098 LTIP Units are immediately vested equity interests, rather than subject to future service-based vesting conditions.
Is the Beverly K. Goulet Form 4 for XHR a stock purchase or sale?
No, the Form 4 reports an equity award, not a market trade. The transaction code A indicates a grant or award acquisition of 6,098 LTIP Units at $0.00, without any open-market buying or selling of Xenia Hotels & Resorts common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
