BORTZ JON E 4
4 · Pebblebrook Hotel Trust · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Pebblebrook (PEB) CEO Jon E. Bortz Buys 40,000 Shares
What Happened
- Jon E. Bortz, Chairman and CEO (also a director) of Pebblebrook Hotel Trust (PEB), made two open-market purchases of company stock: 20,000 shares on 2026-06-08 at $16.84 ($336,800) and 20,000 shares on 2026-06-09 at $17.09 ($341,800), for a combined purchase of 40,000 shares worth $678,600. These were purchases (transaction code P), which are often viewed as a bullish signal when insiders buy shares.
Key Details
- Transaction dates and prices:
- 2026-06-08: 20,000 shares @ $16.84 = $336,800
- 2026-06-09: 20,000 shares @ $17.09 = $341,800
- Total purchased: 40,000 shares for $678,600.
- Shares owned after the transactions: not specified in the filing.
- Footnotes of note:
- F1: Bortz disclaims beneficial ownership of certain shares held by an immediate family member in his household.
- F2: The filing also references vested LTIP Class B Units (restricted limited partnership units) that can convert to Operating Partnership units or cash under the partnership agreement; these are equity awards separate from the open-market purchases.
- Timeliness: The report covers transactions on 2026-06-08 and was filed on 2026-06-09, within the typical Section 16 reporting window (timely).
Context
- These were straight purchases reported as "P" (open-market/private purchase), not option exercises or awards. No sales, gifts, or immediate dispositions were reported alongside these buys.
- For retail investors, insider purchases can signal confidence but should be considered alongside other research (company fundamentals, market conditions, and size of stake).
Insider Transaction Report
Form 4
BORTZ JON E
DirectorChairman and CEO
Transactions
- Purchase
Common Shares
2026-06-08$16.84/sh+20,000$336,800→ 1,577,110 total - Purchase
Common Shares
2026-06-09$17.09/sh+20,000$341,800→ 1,597,110 total
Holdings
- 200,000(indirect: By Spouse)
Common Shares
[F1] - 18,000
5.70% Series H Preferred Shares
- 643,500
LTIP Class B Units
[F2]→ Common Shares (643,500 underlying)
Footnotes (2)
- [F1]The reporting person disclaims beneficial ownership of these shares held by an immediate family member sharing his household, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
- [F2]Represents restricted units of limited partnership interest ("LTIP Class B Units") in Pebblebrook Hotel, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. Vested LTIP Class B Units, upon achieving parity with the Operating Partnership's common units pursuant to the terms of the partnership agreement, may be exchanged at any time, at the election of the holder, for Operating Partnership units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.
Signature
/s/ Andrew H. Dittamo, as attorney-in-fact for Jon E Bortz|2026-06-09