Form 4: RLJ Lodging Trust EVP and CFO Sean M. Mahoney Reports Tax-Related Share Disposals
SEC Form 4 Filing
Sean M. Mahoney, EVP and CFO of RLJ Lodging Trust, reported the disposal of common shares to cover tax withholding obligations related to the vesting of restricted common shares.
Summary
- On February 16th and 17th, 2025, Sean M. Mahoney, the EVP and CFO of RLJ Lodging Trust, disposed of common shares to satisfy tax withholding obligations.
- The disposals were related to the vesting of restricted common shares.
- A total of 6,995 shares were disposed of on February 16th, 2025, and 6,199 and 4,286 shares were disposed of on February 17th, 2025.
- All shares were disposed of at a price of $9.56.
- Following these transactions, Mahoney directly owns 371,447 common shares.
Sentiment
Score: 5
Explanation: Neutral. This is a standard transaction related to tax obligations and doesn't indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing related to insider transactions. It is common for executives to sell shares to cover tax obligations when restricted stock vests.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Disposal of 6,995 common shares at $9.56 to cover tax obligations. |
| 02/17/2025 | Disposal of 6,199 common shares at $9.56 to cover tax obligations. |
| 02/17/2025 | Disposal of 4,286 common shares at $9.56 to cover tax obligations. |
| 02/19/2025 | Date of signature by Attorney-in-Fact. |
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