Key facts
- This page summarizes Raymond D. Martz's Form 4 filing for Pebblebrook Hotel Trust (PEB).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 11 Feb 2025, 16:23.
Raymond D. Martz - 07 Feb 2025 Form 4 Insider Report for Pebblebrook Hotel Trust (PEB)
- Reporting relationship
- Co-President,CFO,Treasurer,Sec
- Issuer ticker
- PEB
- Reported as of
- 07 Feb 2025
- Net transaction value
- -$61,616
- SEC form
- 4
- Accepted by SEC
- 11 Feb 2025, 16:23:51 UTC
- Prior SEC filing
- 03 Jan 2025
- Next SEC filing
- 09 Feb 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Andrew H. Dittamo, as attorney-in-fact for Raymond D. Martz
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Raymond D. Martz filed Form 4 for Pebblebrook Hotel Trust (PEB) on 11 Feb 2025.
Change
- Previous filing in this sequence was filed on 03 Jan 2025.
- Current net transaction value: -$61,616.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PEB
transaction
Common Shares
Award
- Transaction value
- $0
- Shares
- +10,272
- Change %
- +4.1%
- Price
- $0.000000
- Shares after
- 259,762
- Date
- 07 Feb 2025
- Ownership
- Direct
- Footnotes
- F1
PEB
transaction
Common Shares
Tax liability
- Transaction value
- $61,616
- Shares
- -4,810
- Change %
- -1.9%
- Price
- $12.81
- Shares after
- 254,952
- Date
- 07 Feb 2025
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PEB
transaction
Derivative
LTIP Class B Units
Award
- Transaction value
- $0
- Shares
- +47,426
- Change %
- +14%
- Price
- $0.000000
- Shares after
- 377,979
- Date
- 07 Feb 2025
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 47,426
- Exercise price
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of the extent to which the performance objectives of the performance-based equity incentive award made in May 2022 to the reporting person had been achieved. The reporting person earned 32.0% of the target number of Common Shares issuable pursuant to the award. For more information on the performance-based equity incentive award, including the performance objectives and measurement period, see the Issuer's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 31, 2023.
Footnote F2
Represents Common Shares sold to the Issuer as payment of tax upon vesting of 10,272 Common Shares.
Footnote F3
Represents restricted units of limited partnership interest ("LTIP Class B Units") in Pebblebrook Hotel, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. Vested LTIP Class B Units, upon achieving parity with the Operating Partnership's common units pursuant to the terms of the partnership agreement, may be exchanged at any time, at the election of the holder, for the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 15,809, 15,809, and 15,808 LTIP Class B Units will vest on January 1, 2026, January 1, 2027, and January 1, 2028, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.