Form 4: Xenia Hotels & Resorts Director Terrence Moorehead Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Terrence Moorehead reports changes in beneficial ownership of Xenia Hotels & Resorts, including the acquisition of LTIP Units and disposal of common stock.
Summary
- Terrence Moorehead, a director of Xenia Hotels & Resorts, filed a Form 4 with the SEC.
- The report details changes in his beneficial ownership of the company's securities.
- On May 14, 2024, Moorehead acquired 6,766 LTIP Units.
- Also on May 14, 2024, Moorehead disposed of 6,766 shares of Common Stock.
- Following these transactions, Moorehead beneficially owns 20,084 shares of Common Stock.
- The LTIP Units are a class of limited partnership units in XHR LP and can be converted into Common Units under certain conditions.
Sentiment
Score: 5
Explanation: This is a routine filing; sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: Acquisition of LTIP Units and disposal of Common Stock. |
| 05/15/2024 | Date of signature on the Form 4 filing. |
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