Bayh Evan 4

What Happened
Evan Bayh, a director of RLJ Lodging Trust (RLJ), was granted 16,149 restricted common shares on May 6, 2026. The per-share value reported on the Form 4 is $8.78, for a grant value of approximately $141,788. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (appears timely).
• Shares granted: 16,149 restricted common shares; reported price/value: $8.78 per share; total value ≈ $141,788.
• Shares owned after transaction: not specified in the filing.
• Footnote: These restricted shares vest on the earlier of (i) the first anniversary of the grant date and (ii) the date of RLJ’s 2027 annual meeting of shareholders; granted under the RLJ Lodging Trust 2026 Equity Incentive Plan (F1).
• Transaction code: A = Award/Grant.

Context
Restricted-share awards are compensation and typically vest over time; they are not the same as a market purchase and do not by themselves signal a buy or sell decision. This grant increases long-term alignment between the director and shareholders but does not change immediate voting or liquidity until vesting conditions are met.