DAVIS NATHANIEL A 4

What Happened
Nathaniel A. Davis, a director of RLJ Lodging Trust (RLJ), was granted 16,149 restricted common shares on 2026-05-06 at a reported per-share value of $8.78, a total grant value of approximately $141,788. This was an award (transaction code A) under the RLJ Lodging Trust 2026 Equity Incentive Plan, not an open-market purchase.

Key Details

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

Context

• This is a restricted share award (compensation), so it reflects company equity compensation practices rather than an immediate open‑market buy or sell.
• Vesting conditions limit immediate transferability; the award will convert to freely tradable shares only if/when vesting conditions are met.