Form 4: Pebblebrook Hotel Trust Director Ron E. Jackson Reports Acquisition of Shares as Part of Retainer Fee
SEC Form 4 Filing
Director Ron E. Jackson acquired 12,425 common shares of Pebblebrook Hotel Trust as part of his annual retainer fee for serving on the Board of Trustees.
Summary
- On January 1, 2025, Ron E. Jackson, a director of Pebblebrook Hotel Trust, acquired 12,425 common shares of the company.
- The acquisition was part of his annual retainer fee for serving on the Board of Trustees.
- The shares were acquired at a price of $13.682 per share, which is the average closing price 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, Jackson directly owns 96,898 common shares of Pebblebrook Hotel Trust.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. A director acquiring shares as part of their compensation suggests confidence in the company, but it's a routine transaction.
Positives
- The acquisition of shares by a director demonstrates confidence in the company's future prospects.
Industry Context
Directors receiving shares as part of their compensation is a common practice in publicly traded companies, aligning their interests with those of shareholders.
Related Party Transactions
- The acquisition of shares by Ron E. Jackson as part of his retainer fee is a related party transaction.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of transaction: Ron E. Jackson acquired 12,425 common shares. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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