LA FORGIA ROBERT M 4
Research Summary
AI-generated summary
RLJ Lodging Trust Director Robert La Forgia Receives Award
What Happened Robert M. La Forgia, a director of RLJ Lodging Trust (RLJ), received an award of 16,149 restricted common shares on 2026-05-06. The grant price reported is $8.78 per share, for a total grant value of approximately $141,788. The shares were granted (transaction code A) under the RLJ Lodging Trust 2026 Equity Incentive Plan.
Key Details
- Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (filed within the standard 2-business-day window).
- Transaction type: Award/Grant (A).
- Shares granted: 16,149 at $8.78 each; total value ≈ $141,788.
- Shares owned after transaction: Not specified in the filing.
- Footnote: These are restricted common shares vesting on the earlier of (i) the first anniversary of the grant date or (ii) the Company’s 2027 annual meeting of shareholders; granted under the 2026 Equity Incentive Plan (see footnote F1).
- No indication of a 10b5-1 plan, tax-withholding sale, or immediate disposition in this filing.
Context Restricted share awards are a common form of director compensation and vest over time; they are not an open-market purchase and don’t by themselves signal a buy/sell decision. Retail investors may watch whether the insider retains or sells shares after vesting for additional insight into insider sentiment.