Gormsen Christopher Andrew 4

What Happened Christopher Gormsen, Chief Accounting Officer of RLJ Lodging Trust (RLJ), received a grant of 36,452 restricted common shares on 2026-02-20. The award price is shown as $8.23 per share, for a reported grant value of $300,000. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-02-20 at $8.23 per share (36,452 shares; $300,000 total).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnote: These are restricted shares that vest ratably over three years on each anniversary of the grant date per the RLJ Lodging Trust 2021 Equity Incentive Plan (Footnote F1).
• Filing timing: Form 4 filed 2026-02-24 (within the standard two-business-day Form 4 filing window for a 2026-02-20 transaction).

Context This was an equity award (restricted stock) granted under the company’s incentive plan. Restricted shares typically vest over time (here, ratably over three years), so they represent long-term compensation rather than an immediate market bet. Awards by executives are routine compensation events and, by themselves, do not necessarily indicate near-term insider buying or selling.