Form 4: Pebblebrook Hotel Trust Director Phillip M. Miller Sells 3,500 Shares
SEC Form 4
Director Phillip M. Miller of Pebblebrook Hotel Trust (PEB) sold 3,500 common shares at $13.29 on June 26, 2024, leaving him with 13,098 shares.
Summary
- Phillip M. Miller, a director of Pebblebrook Hotel Trust, reported a transaction involving the company's common shares.
- On June 26, 2024, Miller sold 3,500 shares at a price of $13.29 per share.
- Following this transaction, Miller directly owns 13,098 common shares of Pebblebrook Hotel Trust.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This transaction is a routine disclosure of insider trading activity. It provides transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: Phillip M. Miller sold 3,500 shares of Pebblebrook Hotel Trust. |
| 06/28/2024 | Date of signature: Andrew H. Dittamo, as attorney-in-fact, signed the Form 4 on behalf of Phillip M. Miller. |
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