Form 4: Pebblebrook Hotel Trust CEO Jon Bortz Acquires Shares

Sentiment:

SEC Form 4 Filing


Jon Bortz, Chairman and CEO of Pebblebrook Hotel Trust, reports the acquisition of 23,213 common shares at an average price of $9.73.

Summary

  • On May 20, 2025, Jon E. Bortz, Chairman and CEO of Pebblebrook Hotel Trust, acquired 23,213 common shares of the company at a weighted average price of $9.73.
  • The transactions occurred at prices ranging from $9.64 to $9.80.
  • Following the transaction, Bortz directly owns 1,558,110 common shares.
  • Bortz also indirectly owns 200,000 common shares through his wife and directly owns 18,000 Series H Preferred Shares.
  • He also holds 516,131 LTIP Class B Units, which can be exchanged for Operating Partnership units or cash.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard reporting of share acquisition. The CEO's purchase is a positive signal, but it's not overwhelmingly significant.

Positives

  • The CEO's purchase of shares may signal confidence in the company's future performance.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. This purchase by the CEO could be interpreted positively by the market.

Stakeholder Impact

  • The share acquisition by the CEO could positively influence shareholder sentiment.

Key Dates

DateDescription
05/20/2025Date of the transaction where Jon E. Bortz acquired common shares.
05/21/2025Date of signature for the Form 4 filing.

Keywords

Pebblebrook Hotel Trust, Jon Bortz, share acquisition, Form 4, insider trading, LTIP Class B Units, common shares, Series H Preferred Shares

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