Form 4: RLJ Lodging Trust Executive Reports Stock Transaction

Chad Perry, EVP, GC & Corp Secretary of RLJ Lodging Trust, reports the disposition of 32,565 common shares to cover tax obligations related to vesting restricted shares.

Summary

• Chad Perry, an executive at RLJ Lodging Trust, filed a Form 4 detailing a transaction involving the company's common shares.
• On April 27, 2025, Mr. Perry disposed of 32,565 common shares at a price of $7.02 per share.
• This transaction was related to the vesting of restricted shares granted to Mr. Perry under the RLJ Lodging Trust 2021 Equity Incentive Plan.
• The shares were disposed of to cover tax obligations associated with the vesting.
• Following the transaction, Mr. Perry beneficially owns 150,576 common shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations related to vesting restricted stock, a common practice.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares by an executive for tax purposes.

Key Dates

Keywords

RLJ Lodging Trust, Chad Perry, Form 4, Stock Transaction, Beneficial Ownership, Equity Incentive Plan, Restricted Shares, Tax Obligations