Form 4: Pebblebrook Hotel Trust CEO Jon Bortz Acquires 13,000 Shares

Pebblebrook Hotel Trust's CEO, Jon Bortz, purchased 13,000 common shares at an average price of $12.68, increasing his direct holdings to 1,395,284 shares.

Summary

• Jon Bortz, the Chairman and CEO of Pebblebrook Hotel Trust, acquired 13,000 common shares on November 21, 2024.
• The shares were purchased at a weighted average price of $12.68, with individual transaction prices ranging from $12.59 to $12.84.
• Following this transaction, Mr. Bortz directly owns 1,395,284 common shares.
• Mr. Bortz also has indirect ownership of 200,000 common shares held by his wife, which he disclaims beneficial ownership of.
• Additionally, he directly owns 18,000 Series H Preferred Shares and 403,963 LTIP Class B Units.

Sentiment

Score: 6

Explanation: The document is neutral, reporting a routine insider transaction. It doesn't indicate any significant positive or negative sentiment.

Positives

• The CEO's purchase of shares could be seen as a positive signal of confidence in the company's future prospects.

Industry Context

This transaction is a routine disclosure of insider trading activity and does not indicate any specific trend in the hotel industry.

Comparison to Industry Standards

• Insider trading activity is common across all publicly listed companies, and this transaction is within the normal range of such activity.
• It is not possible to compare this transaction to specific industry benchmarks without more context on the company's performance and the broader market.

Stakeholder Impact

• The share purchase may have a minor positive impact on shareholder confidence.

Key Dates

Keywords

Pebblebrook Hotel Trust, Jon Bortz, insider trading, share purchase, common shares, LTIP Class B Units, Series H Preferred Shares, executive ownership