Bilotto Christopher J. 4
Research Summary
AI-generated summary
Service Properties Trust CEO Christopher Bilotto Receives Award
What Happened
- Christopher J. Bilotto, President & CEO and Director of Service Properties Trust (NASDAQ: SVC), was granted/received 67,073 shares on 2026-06-11 under the issuer’s equity compensation plan. The filing lists the acquisition as an award (code A); no per-share price or total dollar value is reported (N/A).
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (appears timely).
- Transaction type: Award/Grant (Section 16 code A — acquisition).
- Shares reported acquired: 67,073; price/value: N/A (award).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — award made pursuant to the issuer’s equity compensation plan. F2 — includes 1,072.703 shares acquired under a dividend reinvestment plan since the reporting person’s last Section 16 filing.
- No indication of a sale, tax withholding, or a 10b5-1 plan in this filing.
Context
- This was an equity award (compensation), not an open-market buy or sale. Such awards are common for executives and reflect compensation rather than an immediate market bet; they do not on their own indicate the insider’s trade intent.
- The dividend-reinvested shares noted in the footnote are routine reinvestments of dividends and are reported separately from the equity award.