Xenia Hotels (NYSE: XHR) director receives 6,098 vested LTIP Units grant
Rhea-AI Filing Summary
Xenia Hotels & Resorts director Arlene Isaacs-Lowe received a grant of 6,098 LTIP Units as compensation. These long-term incentive partnership units were awarded at a price of $0.00 per unit and are linked on a one-for-one basis to an equal number of shares of common stock.
Following this grant, Isaacs-Lowe directly holds 34,299 LTIP Units. The LTIP Units were fully vested on the grant date and, after meeting conditions in the operating partnership agreement, can achieve parity with common partnership units and be converted and ultimately redeemed for cash or shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Isaacs-Lowe Arlene
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units | 6,098 | $0.00 | $0.00 |
Holdings After Transaction:
LTIP Units — 34,299 shares (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
Grant price: $0.00 per LTIP Unit
LTIP Units after transaction: 34,299 LTIP Units
+1 more
4 metrics
LTIP Units granted
6,098 LTIP Units
Grant/award on May 14, 2026
Grant price
$0.00 per LTIP Unit
Compensation award, non-cash cost to director
LTIP Units after transaction
34,299 LTIP Units
Total direct derivative holdings following grant
Underlying common stock linkage
6,098 shares
Each LTIP Unit linked one-for-one to common stock
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Xenia Hotels & Resorts (XHR) director Arlene Isaacs-Lowe report in this Form 4?
Arlene Isaacs-Lowe reported receiving a grant of 6,098 LTIP Units as compensation. These derivative securities are tied to Xenia Hotels & Resorts common stock and increase her direct LTIP holdings to 34,299 units after the transaction.
How many LTIP Units does Arlene Isaacs-Lowe hold in Xenia Hotels & Resorts (XHR) after this transaction?
After the grant, Arlene Isaacs-Lowe holds 34,299 LTIP Units directly. This total includes the newly awarded 6,098 LTIP Units, which were fully vested on the grant date under the company’s 2015 Incentive Award Plan.
What are LTIP Units in the context of Xenia Hotels & Resorts (XHR)?
LTIP Units are a class of limited partnership units in XHR LP, Xenia’s operating partnership. They can, over time and upon specified events, achieve full parity with common units and then be converted into common units on a one-for-one basis.
How can LTIP Units tied to Xenia Hotels & Resorts (XHR) common stock ultimately be redeemed?
Once LTIP Units achieve parity and are converted into common units, those common units are redeemable for cash based on the fair market value of equivalent Xenia common shares, or, at the issuer’s election, an equal number of shares of its common stock.
Were the LTIP Units granted to the Xenia Hotels & Resorts (XHR) director vested immediately?
Yes. The LTIP Units issued under the Xenia Hotels & Resorts, Inc., XHR Holding, Inc. and XHR LP 2015 Incentive Award Plan were fully vested on the grant date, according to the footnote disclosures in the Form 4 filing.