Bhalla Nikhil 4

What Happened Nikhil Bhalla, SVP, Chief Financial Officer & Treasurer of RLJ Lodging Trust (RLJ), was granted 51,640 restricted shares on February 20, 2026. The shares were issued at an effective value of $8.23 per share, for a total grant value of $424,997. This was an award/grant (code A) under RLJ’s 2021 Equity Incentive Plan — not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-02-20; 51,640 shares at $8.23 each (total $424,997).
• Transaction type: Award/Grant (Code A) — restricted stock grant, not a sale or purchase.
• Vesting: These restricted shares vest ratably over three years on each anniversary of the grant date (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date/timeliness: Form filed 2026-02-24 (filed two business days after the 2/20 transaction), consistent with standard Form 4 timing.

Context

• Restricted stock grants are compensation awards and typically vest over time; they do not necessarily indicate immediate buying or selling sentiment.
• Because this is a standard equity grant under the company plan, it’s primarily a compensation/retention action rather than a direct market bet by the insider.