Adam D. Portnoy - Sep 17, 2024 Form 4 Insider Report for Service Properties Trust (NASDAQ:SVC)

Role
Director
Signature
/s/ Adam D. Portnoy
Stock symbol
NASDAQ:SVC
Transactions as of
Sep 17, 2024
Transactions value $
-$24,179
Form type
4
Date filed
9/19/2024, 04:31 PM
Previous filing
Sep 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NASDAQ:SVC Common Shares of Beneficial Interest Tax liability -$24.2K -5.25K -2.1% $4.61 245K Sep 17, 2024 Direct F1
holding NASDAQ:SVC Common Shares of Beneficial Interest 1.67M Sep 17, 2024 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding securities incident to the vesting of the security issued in accordance with Rule 16b-3.
F2 These shares are held by ABP Trust; Mr. Portnoy, as the sole trustee, an officer and the controlling shareholder of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.