T. Rowe Price (PEB) reports 6.05M shares, sole voting power 6.01M
Rhea-AI Filing Summary
PEBBLEBROOK HOTEL TRUST ownership update by T. Rowe Price Investment Management, Inc. reports beneficial ownership of 6,048,929 shares, representing 5.3% of the class. The filing shows sole voting power over 6,012,735 shares and sole dispositive power over 6,048,929 shares. The filing is an amendment to a Schedule 13G/A and includes a signed statement from a T. Rowe Price vice president denying beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Large passive stake reported: 6,048,929 shares (5.3%).
The filing lists 6,048,929 shares as beneficially owned with a 5.3% ownership stake and shows sole voting power for 6,012,735 shares. This identifies T. Rowe Price as a significant holder by U.S. proxy thresholds.
Holder intentions or trading plans are not stated; subsequent filings would clarify any changes in voting or disposition. Regulatory thresholds tied to ownership percentages may affect disclosure cadence.
Schedule 13G/A amendment filed; includes formal denial of beneficial ownership.
The amendment format and the vice president's signature indicate compliance with reporting rules. The statement denying beneficial ownership is included verbatim and should be read as the filer's assertion.
Filing clarifies reported powers: sole voting power 6,012,735 and sole dispositive power 6,048,929. Any changes in these figures require further amendments.
Key Figures
Key Terms
Schedule 13G/A regulatory
Beneficial ownership regulatory
Sole dispositive power regulatory
CUSIP technical
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