Form 4: Pebblebrook Hotel Trust CEO Jon Bortz Increases Stake with Recent Share Purchase

Jon Bortz, Chairman and CEO of Pebblebrook Hotel Trust, reports purchasing 10,787 common shares at an average price of $10.07.

Summary

• On May 16, 2025, Jon E Bortz, Chairman and CEO of Pebblebrook Hotel Trust, acquired 10,787 common shares of the company.
• The shares were purchased at a weighted average price of $10.07, with individual transactions ranging from $9.95 to $10.09.
• Following the transaction, Bortz directly owns 1,534,897 common shares and 18,000 Series H Preferred Shares.
• He also indirectly owns 200,000 common shares through his wife, but disclaims beneficial ownership of these shares.
• Bortz also holds 516,131 LTIP Class B Units, which can be exchanged for Operating Partnership units or cash.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CEO's purchase suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's health.

Positives

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

Industry Context

Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. However, it's just one factor to consider when evaluating a company's prospects.

Stakeholder Impact

• Shareholders may view the CEO's purchase as a positive signal.

Key Dates

Keywords

Pebblebrook Hotel Trust, Jon Bortz, share purchase, Form 4, beneficial ownership, LTIP Class B Units, insider trading