Hale Leslie D. 4

What Happened
Leslie D. Hale, President, CEO and a director of RLJ Lodging Trust (RLJ), received a grant of 385,783 restricted shares on 2026-02-20. The grant price is recorded at $8.23 per share for a total grant value of $3,174,994. This was an equity award (not an open-market purchase or sale) as part of company compensation.

Key Details

• Transaction date: 2026-02-20; Filing date: 2026-02-24 (filed within the typical 2-business-day Form 4 window).
• Transaction type/code: A — Award/Grant. Price per share: $8.23; total value: $3,174,994.
• Vesting: These are restricted shares vesting ratably over three years on each yearly anniversary of the grant date (per footnote).
• Plan: Granted under the RLJ Lodging Trust 2021 Equity Incentive Plan.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No indication of tax-withholding sale, 10b5-1 plan, or late filing in this report.

Context
This is a standard equity compensation grant to the CEO rather than a market purchase or sale; such awards are routine for executive pay and do not by themselves indicate insider buying or selling sentiment. The restriction/vesting schedule means the economic benefit is realized over time as the shares vest.