Martz Raymond D 4

4 · Pebblebrook Hotel Trust · Filed Feb 9, 2026

AI-generated summary of this filing

Updated Feb 9, 2026

Pebblebrook (PEB) Co-President/CFO Raymond Martz Receives Award

What Happened

Raymond D. Martz, Co‑President, Chief Financial Officer, Treasurer and Secretary of Pebblebrook Hotel Trust (PEB), was granted 56,218 restricted units of limited partnership interest (LTIP Class B Units) on February 5, 2026. The units were reported at $0.00 per unit (no cash paid at grant). This is an award/compensation grant rather than an open‑market purchase or sale.

Key Details

Transaction date: 2026-02-05; Filing date (Form 4): 2026-02-09. Timeliness not specified in the filing.
Grant type: 56,218 LTIP Class B Units (derivative interest in Pebblebrook Hotel, L.P.); reported price $0.00; reported value $0.
Shares owned after transaction: not disclosed in the provided filing excerpt.
Footnote: The LTIP Class B Units are restricted units issued under the 2009 Equity Incentive Plan. They vest in three tranches — 18,740 units on Jan 1, 2027; 18,739 on Jan 1, 2028; and 18,739 on Jan 1, 2029 — subject to continued service. Vested LTIP Class B Units may be exchanged one‑for‑one for the operating partnership’s common units, or for an equivalent cash amount at the partnership’s option. The LTIP Class B Units have no expiration date.

Context

This was an equity compensation grant (A = Award/Grant). Such awards are routine as part of executive compensation and do not by themselves indicate a buy or sell signal in the market.
Because these are restricted LTIP units, value to the holder depends on future vesting and parity/exchange into operating partnership units or cash; they are not immediately marketable shares.

Form 4

Period: 2026-02-05

Co-President,CFO,Treasurer,Sec

Transactions

Award
LTIP Class B Units
[F1]
2026-02-05+56,218→ 434,197 total
→ Common Shares (56,218 underlying)

Holdings

Footnotes (1)

[F1]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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 18,740, 18,739, and 18,739 LTIP Class B Units will vest on each of January 1, 2027, January 1, 2028, and January 1, 2029, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. 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 Raymond D. Martz|2026-02-09

1 file