Gormsen Christopher Andrew 4

What Happened
Christopher Andrew Gormsen, Chief Accounting Officer of RLJ Lodging Trust (RLJ), was granted 15,599 restricted common shares on 2026-03-18 that vested immediately. To satisfy tax withholding on the vesting, 7,821 of those shares were surrendered to the company at a price of $7.60 per share (value $59,440). The grant itself is recorded at $0.00 per share for acquisition purposes.

Key Details

• Transaction date(s): 2026-03-18; Form 4 filed 2026-03-20 (filed within the usual two-business-day Form 4 window).
• Grant: 15,599 restricted shares (Code A — award/grant), valued on the form as $0.00 per share for acquisition.
• Tax withholding: 7,821 shares surrendered (Code F — tax withholding) at $7.60 per share, total $59,440.
• Net new shares retained from this grant: 7,778 shares (15,599 granted − 7,821 withheld).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — shares were granted under the RLJ Lodging Trust 2021 Equity Incentive Plan and vested immediately; F2 — shares were surrendered to satisfy tax withholding obligations.

Context
This was an equity award that vested immediately, with a portion of the shares withheld to meet tax obligations — a routine, non-market internal settlement rather than an open-market sale. Such withholding transactions (Code F) are common and typically reflect tax mechanics, not a directional view on the company.