Thomas C. Fisher - 01 Jan 2026 Form 4 Insider Report for Pebblebrook Hotel Trust (PEB)

Role: Co-President, C Investmt Ofcr
Signature: /s/ Andrew H. Dittamo, as attorney-in-fact for Thomas C. Fisher
Issuer symbol: PEB
Transactions as of: 01 Jan 2026
Net transactions value: -$240,833
Form type: 4
Filing time: 05 Jan 2026, 17:32:32 UTC
Previous filing: 11 Feb 2025
Next filing: 09 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Fisher Thomas Charles	Co-President, C Investmt Ofcr	4747 BETHESDA AVE, SUITE 1100, BETHESDA	/s/ Andrew H. Dittamo, as attorney-in-fact for Thomas C. Fisher	05 Jan 2026	0001480818

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEB	Common Shares	Tax liability	$240,833	-21,275	-7.3%	$11.32	268,945	01 Jan 2026	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	PEB	LTIP Class A Units						9,469	01 Jan 2026	Common Shares	9,469		Direct	F2
holding	PEB	LTIP Class B Units						250,852	01 Jan 2026	Common Shares	250,852		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Common Shares sold to the Issuer as payment of tax upon vesting of 42,375 Common Shares.
F2	Represents restricted units of limited partnership interest ("LTIP Class A Units") in Pebblebrook Hotel, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. All LTIP Class A Units have vested and have reached parity with the Operating Partnership units pursuant to the terms of the partnership agreement and may be exchanged at any time, at the election of the holder, for Operating Partnership units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. The LTIP Class A Units have no expiration date.
F3	Represents restricted units of limited partnership interest ("LTIP Class B Units") in the Operating Partnership, of which the Issuer is the general partner. All LTIP Class B Units have vested and have reached parity with the Operating Partnership units pursuant to the terms of the partnership agreement and may be exchanged at any time, as the election of the holder, for Operating Partnership units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. The LTIP Class B Units have no expiration date.