Form 4: Pebblebrook Hotel Trust Director Bonny W Simi Acquires Shares as Part of Retainer Fee

Director Bonny W Simi acquired 6,030 common shares of Pebblebrook Hotel Trust as part of her annual retainer fee for serving on the Board of Trustees.

Summary

• On January 1, 2025, Bonny W Simi, a director of Pebblebrook Hotel Trust, acquired 6,030 common shares of the company.
• The acquisition was part of her annual retainer fee for serving on the Board of Trustees in 2024.
• The shares were acquired at a price of $13.682 per share, which is the average of the closing prices for the company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.
• Following the transaction, Simi directly owns 28,298 common shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation, indicating alignment of interests but not necessarily a strong positive or negative signal.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

Director share acquisitions are common and can be seen as a positive sign, indicating confidence in the company's future performance. This is a routine transaction related to director compensation.

Comparison to Industry Standards

• Director compensation packages often include equity, aligning their interests with shareholders.
• The amount of equity granted as part of a retainer fee varies depending on the company's size, industry, and compensation policies.
• Comparing this transaction to similar transactions at comparable hotel REITs would provide further context.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders as it aligns the director's interests with theirs.

Key Dates