Gibson Patricia L 4

What Happened

• Patricia L. Gibson, a director of RLJ Lodging Trust (RLJ), was granted 16,149 restricted common shares on 2026-05-06 at an indicated price of $8.78 per share (total value ≈ $141,788). The transaction is reported on Form 4 as an award/grant (transaction code A), i.e., an acquisition of restricted shares rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-05-06 at $8.78 per share.
• Shares granted: 16,149 restricted common shares; aggregate value ≈ $141,788.
• Vesting: These restricted shares vest on the earlier of (i) the first anniversary of the grant date or (ii) the Company’s 2027 annual meeting of shareholders (per footnote).
• Plan: Grant made under the RLJ Lodging Trust 2026 Equity Incentive Plan.
• Shares owned after transaction: Not specified in the information provided.
• Filing timeliness: Form filed 2026-05-08 for a 2026-05-06 grant — appears timely under standard Form 4 reporting rules.

Context

• Restricted share awards are typically subject to vesting and are not immediately liquid; they represent compensation/retention rather than an immediate market purchase. This filing reports an award (not a sale), so it’s a non‑sell insider transaction that increases the director’s equity stake subject to vesting terms.