Xenia director granted 6,098 LTIP Units

Xenia Hotels & Resorts director Arlene Isaacs-Lowe received a grant of 6,098 LTIP Units as compensation.

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.

Insider Trade Summary

Grant/Award: 6,098 shares

Grant/Award 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 contracts (Direct)

Footnotes (2)

1. 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.
2. 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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/15/2026 - 04:22 PM Learn about SEC filing dates

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^*

Isaacs-Lowe Arlene

(Last) (First) (Middle)

C/O XENIA HOTELS & RESORTS, INC.

200 S. ORANGE AVENUE, SUITE 2700

(Street)

ORLANDO FLORIDA 32801

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Xenia Hotels & Resorts, Inc. [ XHR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
LTIP Units	(1)(2)	05/14/2026		A		6,098		(1)(2)	(1)(2)	Common Stock	6,098	(1)(2)	34,299	D

Explanation of Responses:

1. 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.

2. (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.

Remarks:

	/s/ Marcel Verbaas as Attorney-in-Fact	05/15/2026
	** 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.
* Form 4: SEC 1474 (03-26)