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|4Feb 26, 5:24 PM ET

BLOOM BARRY A N 4

Research Summary

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Updated

Xenia (XHR) President Barry Bloom Sells Shares, Receives LTIP Award

What Happened

  • Barry Bloom, President and Chief Operating Officer of Xenia Hotels & Resorts (XHR), disposed of a total of 202,508 common shares in open-market sales and received 27,534 LTIP (limited partnership) units as an award.
    • Sales: 50,599 shares on 2026-02-25 at a weighted average price of $15.62 (proceeds ~$790,579) and 151,909 shares on 2026-02-26 at a weighted average price of $15.73 (proceeds ~$2,388,845). Total proceeds ≈ $3,179,424.
    • Award: 27,534 LTIP Units reported 2026-02-24 (derivative award; no per-share price reported).

Key Details

  • Transaction dates and prices:
    • 2026-02-25 sale: weighted avg $15.62 (individual sale prices ranged $15.58–$15.79). (Footnote F1)
    • 2026-02-26 sale: weighted avg $15.73 (individual sale prices ranged $15.60–$15.86). (Footnote F2)
    • 2026-02-24 award: 27,534 LTIP Units (price N/A; derivative). (Footnote F3)
  • Shares owned after transaction: not specified in the provided filing excerpt — see the full Form 4 for total post-transaction holdings.
  • Notable footnotes:
    • LTIP Units are limited partnership units in XHR LP that may achieve parity with common units over time and can be converted to common units 1:1 if/when parity is reached (F3,F4).
    • LTIP award vesting schedule: 33% on March 2, 2027; 33% on March 2, 2028; 34% on March 2, 2029, with earlier vesting possible under certain conditions (F5).
  • Filing timeliness: Form 4 filed 2026-02-26 for transactions on 2026-02-24–02-26—no late filing indicated from the provided dates.

Context

  • Sales were open-market dispositions (code S) and generated roughly $3.18M in proceeds; such sales can be routine liquidity events and do not on their own imply insider sentiment.
  • The award (LTIP Units, code A) is a derivative compensation grant that vests over multiple years and may convert to common units or cash under the partnership agreement; it’s compensation rather than a market purchase.
  • For full details (post-transaction ownership, exact per-trade prices, and any plan details), consult the complete Form 4 filing (Accession No. 0001628280-26-012424).