Fuller & Thaler discloses 4.28% stake in Pebblebrook Hotel Trust (PEB)

Rhea-AI Filing Summary

Pebblebrook Hotel Trust Schedule 13G/A amendment shows Fuller & Thaler Asset Management, Inc. beneficially owns 4,858,029.48 shares of common stock, representing 4.28% of the class as reported. The filing lists sole voting power of 4,779,064.48 shares and sole dispositive power of 4,858,029.48 shares. The filing identifies the issuer CUSIP 70509V100 and is signed by the filer’s Chief Compliance Officer on 05/13/2026.

Insights

Securities Compliance Analyst

Amendment clarifies beneficial ownership and power details for a sub‑5% holder.

The filing amends a Schedule 13G to report 4,858,029.48 shares (4.28%) owned by Fuller & Thaler, with sole voting power of 4,779,064.48. It follows the disclosure regime for passive reporting under applicable beneficial‑ownership rules.

Key dependencies include the 03/31/2026 reporting reference and the signature dated 05/13/2026. Subsequent amendments would appear if holdings cross reporting thresholds.

Portfolio Governance Specialist

Holder appears to maintain a concentrated passive stake just under 5%.

The excerpt lists sole dispositive power of 4,858,029.48 shares and a 4.28% ownership stake. The form also states "Ownership of 5 percent or less of a class," indicating the filer treats this as a passive position.

This level of ownership can permit monitoring influence without triggering larger reporting obligations; any increase above 5.00% would change filing obligations.

Key Figures

Beneficial ownership: 4,858,029.48 shares Percent of class: 4.28% Sole voting power: 4,779,064.48 shares +2 more

5 metrics

Beneficial ownership 4,858,029.48 shares reported on Schedule 13G/A

Percent of class 4.28% ownership percentage reported

Sole voting power 4,779,064.48 shares number with sole power to vote or to direct the vote

Sole dispositive power 4,858,029.48 shares number with sole power to dispose or direct disposition

CUSIP 70509V100 issuer identifier for Pebblebrook common stock

Key Terms

beneficially owned, sole dispositive power, CUSIP

3 terms

beneficially owned regulatory

"Item 4. | Ownership (a) | Amount beneficially owned: 4,858,029.48"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power regulatory

"(iii) Sole power to dispose or to direct the disposition of: 4,858,029.48"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

CUSIP regulatory

"CUSIP No.: 70509V100"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Pebblebrook Hotel Trust

(Name of Issuer)

Common Stock

(Title of Class of Securities)

70509V100

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 70509V100

1

Names of Reporting Persons

Fuller & Thaler Asset Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,779,064.48
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,858,029.48
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,858,029.48

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.28 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Pebblebrook Hotel Trust
(b)	Address of issuer's principal executive offices: 4747 Bethesda Avenue, Suite 1100, Bethesda, MD 20814
Item 2.
(a)	Name of person filing: Fuller & Thaler Asset Management, Inc.
(b)	Address or principal business office or, if none, residence: 411 Borel Avenue, Suite 300, San Mateo, CA 94402
(c)	Citizenship: California corporation
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 70509V100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,858,029.48
(b)	Percent of class: 4.28 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4,779,064.48
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4,858,029.48
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Fuller & Thaler Asset Management, Inc.

Signature:	/s/ Hanna Zanoni
Name/Title:	Chief Compliance Officer
Date:	05/13/2026

FAQ

What does Fuller & Thaler report for PEB ownership?

Fuller & Thaler reports beneficial ownership of 4,858,029.48 shares of PEB common stock. The filing states this equals 4.28% of the class and lists sole voting and dispositive powers tied to those shares.

Does the filing show voting or dispositive power for the PEB stake?

Yes. The filing reports sole voting power of 4,779,064.48 shares and sole dispositive power of 4,858,029.48 shares. Shared voting and dispositive powers are reported as zero.

What form was filed to report this stake in PEB?

The filer submitted a Schedule 13G/A (Amendment No. 2) to report beneficial ownership. The cover shows CUSIP 70509V100 and the signature is dated 05/13/2026.

Is Fuller & Thaler above 5% ownership of PEB?

No. The filing explicitly characterizes the position as "Ownership of 5 percent or less of a class" and reports ownership at 4.28%, below the 5% threshold.

Who signed the Schedule 13G/A for Fuller & Thaler on PEB?

The filing is signed by Hanna Zanoni, identified as Chief Compliance Officer, with the signature date of 05/13/2026. The filer’s address is listed in San Mateo, California.