4Accepted Sep 14, 5:42 PM ET
Service Properties Trust (SVC) CEO Christopher Bilotto Receives Award
Accepted (ET)
5:42 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
1
Size
6.0 KB
Summary
Service Properties Trust (SVC) CEO Christopher Bilotto Receives Award
What Happened
Christopher J. Bilotto, President, CEO and Director of Service Properties Trust (NASDAQ: SVC), was granted 36,390 common shares pursuant to the issuer's equity compensation plan on September 10, 2026. The Form 4 reports the transaction as an award (transaction code A); price and total dollar value are listed as N/A (non‑cash grant).
Key Details
- Transaction date: 2026-09-10; Form 4 filed: 2026-09-14 (filed within the required reporting window).
- Transaction type: Award/grant under the company equity compensation plan (code A).
- Shares acquired: 36,390; Price: N/A; Total value: N/A.
- Shares owned after transaction: Not disclosed (reported as N/A).
- Footnotes of note:
- F1: Grant of common shares under the issuer's equity compensation plan.
- F2: Issuer completed a 5-for-1 reverse share split on July 7, 2026; amounts in the filing reflect post‑split figures.
- F3: Reporting person stopped participating in the dividend reinvestment plan; 157 shares previously received via DRIP are now held directly and 0.531 fractional shares were sold for cash.
Context
This was a compensation award (not an open‑market purchase or sale). Such grants are routine for executives and typically subject to vesting and company plan terms, so they do not by themselves indicate a buy/sell signal from the insider. The reverse split note explains why reported share counts are on a post‑split basis; the DRIP change is an administrative detail moving some shares into direct ownership and disposing of a fractional share for cash.