Fisher Thomas Charles 4
4 · Pebblebrook Hotel Trust · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Pebblebrook (PEB) Co‑President Thomas Fisher Receives Award
What Happened
Thomas C. Fisher, Co‑President and Chief Investment Officer of Pebblebrook Hotel Trust (PEB), was granted 56,218 restricted common shares (reported as an award, code A) on February 5, 2026. The shares were granted at $0.00 (typical for RSU awards) — this is a compensation grant, not a purchase or sale.
Key Details
- Transaction date: 2026-02-05 (Form 4 filed 2026-02-09). The filing appears to have been submitted after the typical 2 business‑day reporting window.
- Transaction type/code: A — Grant/Award of restricted shares. Price reported: $0.00.
- Grant structure/vesting (Footnote F1): 56,218 time‑vesting restricted common shares vest in three annual tranches: 18,740 on 2027-01-01, 18,739 on 2028-01-01, and 18,739 on 2029-01-01, subject to continued service. Grant made under the Issuer’s 2009 Equity Incentive Plan.
- Other footnotes in the filing (F2, F3): describe LTIP Class A and Class B units in the Operating Partnership that have vested and are exchangeable one‑for‑one for operating partnership units (or cash at the partnership’s option); these are separate from the RSU grant.
- Shares owned after the transaction: not specified in the provided filing.
Context
RSUs are a form of equity compensation that typically vest over time and align executive pay with shareholder returns; they are not market purchases and do not by themselves indicate buying or selling sentiment. The LTIP units noted in the footnotes are vested partnership units that can be exchanged for operating partnership units or cash and have no expiration date.
Insider Transaction Report
- Award
Common Shares
[F1]2026-02-05+56,218→ 325,163 total
- 9,469
LTIP Class A Units
[F2]→ Common Shares (9,469 underlying) - 250,852
LTIP Class B Units
[F3]→ Common Shares (250,852 underlying)
Footnotes (3)
- [F1]All of these shares are time-vesting restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees under an RSU award agreement. 18,740, 18,739, and 18,739 of these shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer or an affiliate, on January 1, 2027, January 1, 2028, and January 1, 2029, respectively. The grant was made pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.
- [F2]Represents restricted units of limited partnership interest ("LTIP Class A Units") in Pebblebrook Hotel, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. All LTIP Class A Units have vested and have reached parity with the Operating Partnership units pursuant to the terms of the partnership agreement and 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 A Units have no expiration date.
- [F3]Represents restricted units of limited partnership interest ("LTIP Class B Units") in the Operating Partnership, of which the Issuer is the general partner. All LTIP Class B Units have vested and have reached parity with the Operating Partnership units pursuant to the terms of the partnership agreement and 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 have no expiration date.