Xenia Hotels & Resorts (XHR) COO Bloom awarded 171,324 LTIP Units
Rhea-AI Filing Summary
Xenia Hotels & Resorts executive Barry A. N. Bloom reported a new equity-based award tied to the company’s operating partnership. On 01/08/2026, he acquired 171,324 LTIP Units at a price of $0.00 per unit, increasing his directly held derivative position in these units to 682,975.
The LTIP Units are a special class of limited partnership units in XHR LP. Over time, and after certain conditions in the partnership agreement are met, these LTIP Units can reach full parity with common partnership units and then be converted one-for-one into common units. Those common units are, in turn, redeemable for cash based on the value of an equivalent number of Xenia common shares or, at the company’s election, for an equal number of Xenia common shares.
The 171,324 LTIP Units reported here were earned based on specified performance criteria, including dividend-equivalent units, from a grant originally made on February 24, 2023 under the company’s 2015 Incentive Award Plan, and all of these LTIP Units are fully vested.
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