Form 4: Pebblebrook Hotel Trust Executive Thomas Fisher Sells 11,441 Shares
SEC Form 4
Thomas Charles Fisher, Co-President and Chief Investment Officer of Pebblebrook Hotel Trust, sold 11,441 common shares at an average price of $15.619 on February 26, 2024.
Summary
- On February 26, 2024, Thomas Charles Fisher, Co-President and Chief Investment Officer of Pebblebrook Hotel Trust, sold 11,441 common shares of the company.
- The sale was executed at a weighted average price of $15.619 per share.
- The prices for individual transactions ranged from $15.60 to $15.65.
- Following the transaction, Fisher directly owns 254,449 common shares.
- Fisher also holds 9,469 LTIP Class A Units and 250,852 LTIP Class B Units, which can be exchanged for common shares under certain conditions.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider transaction, which is neutral in sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some investors, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of the transaction: Thomas Fisher sold 11,441 common shares. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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