4Accepted Sep 21, 4:22 PM ET
Service Properties (SVC) CFO Brian Donley Sells 4,010 Shares to Cover Taxes
Accepted (ET)
4:22 PM
Sep 21, 2026
Filed
Sep 21, 2026
Documents
1
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5.2 KB
Summary
Service Properties (SVC) CFO Brian Donley Sells 4,010 Shares to Cover Taxes
What Happened Brian E. Donley, Chief Financial Officer and Treasurer of Service Properties Trust (NASDAQ: SVC), had 4,010 shares withheld to satisfy tax withholding related to the vesting of issued securities. The shares were valued at $6.57 each, totaling $26,346. This was a withholding of shares to cover tax liability (routine disposition), not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-09-17; Price per share: $6.57; Total value: $26,346.
- Transaction type/code: F — payment of tax liability by withholding securities (cashless/tax withholding on vesting).
- Footnote: F1 — withholding of securities incident to vesting in accordance with Rule 16b-3.
- Shares owned after transaction: not specified in the provided filing summary.
- Filing timeliness: Report filed 2026-09-21 (appears timely — within the standard two business days after the 9/17 transaction).
Context This was a routine tax-withholding disposition tied to vesting, not an indication of a deliberate sale for investment reasons. Such withholdings are common when restricted stock units or similar awards vest and typically do not reflect the insider’s view on the company’s prospects.