RLJ Lodging Trust·4

May 8, 4:05 PM ET

Gormsen Christopher Andrew 4

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RLJ Lodging Trust (RLJ) CAO Christopher Gormsen Receives Award

What Happened Christopher Andrew Gormsen, Chief Accounting Officer of RLJ Lodging Trust, was granted 98,814 restricted common shares on May 6, 2026. The award is reported at $8.78 per share for a total grant value of $867,587. This was an equity award (code A), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (appears timely — filed within two business days).
  • Shares granted: 98,814 restricted common shares at $8.78 per share; total reported value $867,587.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: These restricted shares were granted under the RLJ Lodging Trust 2026 Equity Incentive Plan and vest ratably over three years on each anniversary of the grant date.
  • Transaction code: A = Award/Grant.

Context This was an equity grant to an executive rather than a market buy or sale. Restricted shares typically vest over time (here, three years), so they reflect compensation and retention, not an immediate market signal. The filing appears timely; no indication of a 10b5-1 plan, tax withholding, or immediate sale in this report.