Pebblebrook (PEB) CEO Jon E. Bortz Buys 20,000 Shares

What Happened
Jon E. Bortz, Chairman and CEO of Pebblebrook Hotel Trust, reported an open-market purchase of 20,000 shares on June 12, 2026, at $18.18 per share for a total reported value of $363,600. This transaction is a straight purchase (code P) — purchases are often watched by investors as a sign of insider buying activity, though filings are factual and do not state motivation.

Key Details

• Transaction date and price: 2026-06-12; 20,000 shares at $18.18 each.
• Total value: $363,600.
• Filing date (Form 4): 2026-06-15 (three calendar days after the transaction date).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnote F1: Bortz disclaims beneficial ownership of shares held by an immediate family member living in his household; the report says this should not be taken as an admission of beneficial ownership for Section 16 purposes.
• Footnote F2: Describes LTIP Class B Units (restricted limited partnership units issued under the company’s equity plan) that can convert one-for-one into operating partnership units or cash at the partnership’s option when vested and at parity.

Context
This was a direct open-market purchase (P = Purchase). The filing includes a household beneficial-ownership disclaimer and a note about restricted partnership units held under the company’s LTIP, both common in executive filings. The Form 4 here reports the buy; it does not explain the insider’s intent.