Gormsen Christopher Andrew 4
4 · RLJ Lodging Trust · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
RLJ Chief Accounting Officer Sells Shares for Tax Withholding
What Happened
Christopher Andrew Gormsen, Chief Accounting Officer of RLJ Lodging Trust (RLJ), surrendered a total of 5,379 common shares to the company to satisfy tax withholding obligations related to the vesting of restricted shares. The surrenders occurred in two transactions: 2,774 shares on 2026-02-16 at $8.29/share ($22,996) and 2,605 shares on 2026-02-17 at $8.29/share ($21,595), for a combined value of $44,591. This was a routine tax-withholding share surrender (disposition), not an open-market sale signaling new investment.
Key Details
- Transaction dates and prices:
- 2026-02-16: 2,774 shares at $8.29 each; $22,996.
- 2026-02-17: 2,605 shares at $8.29 each; $21,595.
- Total surrendered: 5,379 shares, total value $44,591.
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — shares were surrendered to the issuer to satisfy tax withholding on vesting of restricted common shares.
- Filing: Report filed 2026-02-18 covering transactions on Feb 16–17; appears timely (not marked late).
Context
Code F indicates tax withholding (common when restricted stock vests). Such surrenders are routine administrative events to cover tax liabilities and do not necessarily reflect the insider’s view of the company’s outlook.
Insider Transaction Report
- Tax Payment
Common Shares
[F1]2026-02-16$8.29/sh−2,774$22,996→ 189,792 total - Tax Payment
Common Shares
[F1]2026-02-17$8.29/sh−2,605$21,595→ 187,187 total
Footnotes (1)
- [F1]Reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted common shares.