BORTZ JON E 4
Research Summary
AI-generated summary
Pebblebrook (PEB) CEO Jon E. Bortz Buys Stock
What Happened Jon E. Bortz, Pebblebrook Hotel Trust’s Chairman, CEO and a director, made two open-market purchases of PEB common stock: 20,000 shares on 2026-06-10 at $17.23 ($344,600) and 20,000 shares on 2026-06-11 at $17.73 ($354,600), for a combined 40,000 shares worth $699,200. These were purchases (transaction code P), which retail investors generally view as more informative than routine insider sales.
Key Details
- Transaction dates and prices: 2026-06-10 — 20,000 shares @ $17.23 ($344,600); 2026-06-11 — 20,000 shares @ $17.73 ($354,600).
- Total acquired: 40,000 shares for $699,200.
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnotes: F1 disclaims beneficial ownership of certain shares held by an immediate family member in the same household; F2 describes LTIP Class B Units (restricted limited-partnership units convertible one-for-one to operating partnership units or cash per the partnership agreement, issued under the 2009 Equity Incentive Plan).
- Filing timeliness: Form 4 filed 2026-06-12 — reported timely under Section 16 filing rules.
Context These were straightforward open-market purchases (no option exercise, grant, gift, or tax withholding involved). The filing is factual and does not state the insider’s motivation; purchases by executives can be read by some investors as a sign of conviction, but motivations are not disclosed.