[8-K] Pebblebrook Hotel Trust Reports Material Event

Rhea-AI Filing Summary

Pebblebrook Hotel Trust (PEB) disclosed that on September 15, 2025 its Board authorized quarterly dividends for common and multiple preferred share series for the quarter ending September 30, 2025. The Board declared a common dividend of $0.01 per common share payable October 15, 2025 to holders of record as of September 30, 2025. The company also declared quarterly preferred dividends payable October 15, 2025: $0.39844 on the 6.375% Series E, $0.39375 on the 6.30% Series F, $0.39844 on the 6.375% Series G, and $0.35625 on the 5.70% Series H. The filing notes these preferred dividends correspond to annualized rates on a $25 liquidation preference and includes a standard forward-looking statement disclaimer.

Positive

• Declared and scheduled dividends for common and all listed preferred series with clear record (September 30, 2025) and payment (October 15, 2025) dates
• Preferred dividends specified with per-share amounts and equivalent annualized rates tied to the $25 liquidation preference for clarity to investors

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine quarterly dividend declarations maintain cash distributions to preferred holders and a minimal common dividend.

The August 15 filing documents scheduled cash distributions: a nominal common dividend of $0.01 per share and specified quarterly payments on four preferred series, with stated per-share amounts and equivalent annualized rates tied to a $25 liquidation preference. This is a recurring cash-return action rather than an operational disclosure; it affects cash flow timing and income to holders but contains no new operating or balance sheet metrics. The announcement is material to income-focused investors and preferred shareholders who rely on stated coupon-like payments.

Corporate Governance Expert

TL;DR: Board-approved dividends were declared in line with existing capital structure; disclosure is standard governance practice.

The Board's authorization and declaration of dividends for the common and multiple preferred series, with clear record and payment dates, complies with standard disclosure expectations for a REIT. The filing includes the required exhibit reference and forward-looking disclaimer. There are no governance changes, unusual approvals, or conditional provisions disclosed in this report.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): September 15, 2025

PEBBLEBROOK HOTEL TRUST

(Exact name of registrant as specified in its charter)

Maryland

001-34571

27-1055421

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

4747 Bethesda Avenue, Suite 1100, Bethesda, Maryland									20814
(Address of principal executive offices)									(Zip Code)

Registrant’s telephone number, including area code: (240) 507-1300

Not Applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Shares, $0.01 par value per share

PEB

New York Stock Exchange

Series E Cumulative Redeemable Preferred Shares, $0.01 par value

PEB-PE

New York Stock Exchange

Series F Cumulative Redeemable Preferred Shares, $0.01 par value

PEB-PF

New York Stock Exchange

Series G Cumulative Redeemable Preferred Shares, $0.01 par value

PEB-PG

New York Stock Exchange

Series H Cumulative Redeemable Preferred Shares, $0.01 par value

PEB-PH

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐ 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure.

On September 15, 2025, Pebblebrook Hotel Trust (the “Company”) issued a press release announcing that its Board of Trustees (the "Board") has authorized, and the Company has declared, cash dividends per share of its common and preferred shares of beneficial interest.

A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein.

Item 8.01. Other Events.

On September 15, 2025, the Board authorized and the Company declared a dividend of $0.01 per share on the Company's common shares of beneficial interest, $0.01 par value per share (“Common Shares”), for the quarter ending September 30, 2025 (the “Common Dividend”).

On September 15, 2025, the Board also authorized and the Company declared a quarterly dividend of $0.39844 per share on the Company's 6.375% Series E Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value per share (“Series E Preferred Shares”), for the quarter ending September 30, 2025 (the “Series E Preferred Dividend”).

On September 15, 2025, the Board also authorized and the Company declared a quarterly dividend of $0.39375 per share on the Company's 6.30% Series F Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value per share (“Series F Preferred Shares”), for the quarter ending September 30, 2025 (the “Series F Preferred Dividend”).

On September 15, 2025, the Board also authorized and the Company declared a quarterly dividend of $0.39844 per share on the Company's 6.375% Series G Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value per share (“Series G Preferred Shares”), for the quarter ending September 30, 2025 (the “Series G Preferred Dividend”).

On September 15, 2025, the Board also authorized and the Company declared a quarterly dividend of $0.35625 per share on the Company's 5.70% Series H Cumulative Redeemable Preferred Shares of Beneficial Interest, $0.01 par value per share (“Series H Preferred Shares”), for the quarter ending September 30, 2025 (the “Series H Preferred Dividend”).

The Common Dividend is payable on October 15, 2025 to holders of record of Common Shares as of the close of business on September 30, 2025 (the “Record Date”).

The Series E Preferred Dividend is payable on October 15, 2025 to holders of record of Series E Preferred Shares as of the Record Date. The Series E Preferred Dividend represents a rate of 6.375% per annum of the $25 per share liquidation preference (equivalent to $1.59375 per annum per share).

The Series F Preferred Dividend is payable on October 15, 2025 to holders of record of Series F Preferred Shares as of the Record Date. The Series F Preferred Dividend represents a rate of 6.30% per annum of the $25 per share liquidation preference (equivalent to $1.575 per annum per share).

The Series G Preferred Dividend is payable on October 15, 2025 to holders of record of Series G Preferred Shares as of the Record Date. The Series G Preferred Dividend represents a rate of 6.375% per annum of the $25 per share liquidation preference (equivalent to $1.59375 per annum per share).

The Series H Preferred Dividend is payable on October 15, 2025 to holders of record of Series H Preferred Shares as of the Record Date. The Series H Preferred Dividend represents a rate of 5.70% per annum of the $25 per share liquidation preference (equivalent to $1.425 per annum per share).

This Current Report on Form 8-K contains statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. These forward-looking statements relate to the payment of the dividends. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information.

These forward-looking statements are subject to various risks and uncertainties, not all of which are known to the Company and many of which are beyond the Company’s control, which could cause actual results to differ materially from such statements. These risks and uncertainties include, but are not limited to, the state of the U.S. economy, supply and demand in the hotel industry and other factors as are described in greater detail in the Company’s filings with the United States Securities and Exchange Commission (the "SEC"), including, without limitation, the Company’s Annual Report on Form 10-K for the year ended December 31, 2024. Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information about the Company’s business and financial results, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained at the Investor Relations section of the Company’s website at www.pebblebrookhotels.com.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.						Description
99.1						Press release, dated September 15, 2025, regarding the dividends declaration.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			PEBBLEBROOK HOTEL TRUST
September 15, 2025			By:			/s/ Raymond D. Martz
						Name:			Raymond D. Martz
						Title:			Co-President, Chief Financial Officer, Treasurer and Secretary

FAQ

What dividend did Pebblebrook Hotel Trust (PEB) declare for common shares for the quarter ending September 30, 2025?

The Board declared a common dividend of $0.01 per common share, payable October 15, 2025 to holders of record as of September 30, 2025.

What are the declared quarterly dividend amounts for PEB's preferred share series?

Quarterly dividends declared payable October 15, 2025 are: $0.39844 for Series E, $0.39375 for Series F, $0.39844 for Series G, and $0.35625 for Series H.

What annual rates do the preferred dividends represent for PEB's preferred shares?

The filing states the Series E and G amounts represent 6.375% per annum, Series F represents 6.30% per annum, and Series H represents 5.70% per annum on a $25 liquidation preference.

When is the record date for the dividends declared by PEB?

The record date for the common and all disclosed preferred dividends is September 30, 2025.

Where can I find additional financial and risk information about Pebblebrook Hotel Trust?

The filing directs readers to the company's SEC filings, including the Management's Discussion and Analysis and Risk Factors, available at www.pebblebrookhotels.com in Investor Relations.