Bardenett Thomas 4
4 · RLJ Lodging Trust · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
RLJ Lodging Trust EVP Bardenett Thomas Receives Restricted Stock Award
What Happened
- Bardenett Thomas, EVP and COO of RLJ Lodging Trust (RLJ), was granted 103,280 restricted shares on 2026-02-20. The grant is reported at $8.23 per share for a total reported value of $849,994. This was an award/grant (acquisition) of restricted stock under the company’s equity plan, not an open-market purchase.
Key Details
- Transaction date and terms: 2026-02-20; 103,280 shares @ $8.23 per share; total value $849,994.
- Vesting: These restricted shares vest ratably over three years on each annual anniversary of the grant (per footnote).
- Plan: Granted under the RLJ Lodging Trust 2021 Equity Incentive Plan.
- Shares owned after transaction: Not disclosed on the Form 4 filing.
- Filing timeliness: Form 4 was filed on 2026-02-24 (within the standard 2-business-day reporting window), so it was filed on time.
Context
- This was a compensation grant of restricted stock that vests over time. Such awards reflect company compensation policy rather than an immediate buy/sell decision by the insider. Vesting schedule means the insider gains full ownership gradually over three years.
Insider Transaction Report
Form 4
Bardenett Thomas
EVP and COO
Transactions
- Award
Common Shares
[F1]2026-02-20$8.23/sh+103,280$849,994→ 487,435 total
Footnotes (1)
- [F1]These restricted shares, vesting ratably over three years on the yearly anniversary of the date of grant, were granted to the reporting person pursuant to the RLJ Lodging Trust 2021 Equity Incentive Plan.
Signature
/s/ Leslie D. Hale, Attorney-in-Fact|2026-02-24