Collins Arthur Reginald 4
Research Summary
AI-generated summary
RLJ Director Collins Arthur Reginald Receives 16,149-Share Award
What Happened
- Collins Arthur Reginald, a director of RLJ Lodging Trust (RLJ), was granted 16,149 restricted common shares on 2026-05-06. The grant is recorded at $8.78 per share, for a total award value of $141,788. This was an award under the RLJ Lodging Trust 2026 Equity Incentive Plan (transaction code A), not an open-market purchase.
Key Details
- Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (filed within the standard two-business-day reporting window).
- Shares granted: 16,149 restricted common shares at $8.78/share; total value reported $141,788.
- Vesting: These restricted shares vest on the earlier of (i) the first anniversary of the grant date or (ii) the date of the company's 2027 annual meeting of shareholders (per footnote).
- Plan: Granted pursuant to the RLJ Lodging Trust 2026 Equity Incentive Plan.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- These are restricted share awards, which typically vest over time and are not immediately saleable; such grants are a form of compensation rather than a market purchase and do not, by themselves, signal an intent to buy or sell stock.