McKalip Frederick D. 4

What Happened Frederick D. McKalip, EVP, General Counsel & Corporate Secretary of RLJ Lodging Trust, was granted 57,715 restricted shares on Feb 20, 2026. The award is reported at $8.23 per share for a total grant value of $474,994. This was an equity award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-20; price per share reported: $8.23; total reported value: $474,994.
• Shares received: 57,715 restricted shares.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnote: These restricted shares vest ratably over three years on each anniversary of the grant under the RLJ Lodging Trust 2021 Equity Incentive Plan.
• Filing: Form 4 filed on 2026-02-24 for the Feb 20 grant (filed within the normal 2-business-day reporting window).

Context Restricted-share awards are a common element of executive compensation and generally vest over time; they are not a market purchase and do not by themselves indicate the insider is buying or selling stock. The three-year ratable vesting means portions of the grant will become exercisable/owned on each yearly anniversary of the grant date.