Welcome to our dedicated page for Rlj Lodging Tr SEC filings (Ticker: RLJ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to RLJ Lodging Trust’s SEC filings, offering detailed insight into the operations and governance of this self-advised, publicly traded hotel REIT. RLJ Lodging Trust, listed on the New York Stock Exchange under the ticker RLJ, owns a portfolio of premium-branded, rooms-oriented, high-margin, focused-service and compact full-service hotels that are urban-centric and located in the heart of demand locations.
Through its periodic reports and current reports on Form 8-K, the company discloses information about quarterly and annual financial results, portfolio performance, and significant corporate events. Recent Form 8-K filings have covered the release of quarterly earnings for periods ended June 30 and September 30, as well as the appointment of a Chief Financial Officer and Treasurer under an employment agreement that includes compensation terms and customary non-competition and non-solicitation covenants.
Investors reviewing RLJ Lodging Trust’s SEC filings can examine how the company presents key non-GAAP measures such as FFO, Adjusted FFO, EBITDA, EBITDAre, Adjusted EBITDA, Hotel EBITDA, and Hotel EBITDA Margin. The filings explain how these metrics are calculated, why they are used alongside GAAP net income or loss, and how comparable statistics are derived for the hotel portfolio. Filings also provide detail on capital structure, including term loans, mortgage loans, and revolving credit facility availability, as well as share repurchase activity and dividend declarations.
On Stock Titan, RLJ Lodging Trust’s filings are updated as they are made available through EDGAR, and AI-powered summaries help clarify the contents of lengthy documents. Users can quickly understand the main points of quarterly and annual reports, as well as material events disclosed on Form 8-K, while retaining the ability to review the full regulatory text for a deeper analysis of this lodging-focused REIT.
RLJ Lodging Trust filed an Amendment No. 16 to a Schedule 13G/A reporting that The Vanguard Group beneficial ownership in RLJ common stock is 0%, representing 0 shares as of the amendment.
The filing explains Vanguard completed an internal realignment on January 12, 2026, and certain subsidiaries now report disaggregated holdings in reliance on SEC Release No. 34-39538.
RLJ Lodging Trust has issued its 2026 proxy statement for the virtual annual meeting on April 24, 2026, at 1:00 p.m. Eastern Time. Shareholders of record on February 27, 2026, can vote on four key proposals, including electing nine trustees, ratifying PwC as auditor, approving executive pay on an advisory basis, and adopting the 2026 Equity Incentive Plan.
The company highlights a 92% Say-on-Pay approval in 2025, a portfolio of 92 hotels with 20,600 rooms in 23 states and D.C., and continued focus on brand conversions, major renovations, balance sheet refinancing, and share repurchases. Governance and ESG priorities include a majority-independent, diverse board, strong ownership guidelines, and detailed sustainability reporting and targets.
RLJ Lodging Trust President and CEO Leslie D. Hale received a grant of 163,052 restricted common shares that vest immediately, issued under the RLJ Lodging Trust 2021 Equity Incentive Plan. To cover tax withholding on this vesting, 133,530 common shares were surrendered back to the company at $7.60 per share. After these compensation-related transactions, Hale directly holds 2,170,936 common shares.
RLJ Lodging Trust Chief Accounting Officer Christopher Andrew Gormsen reported equity compensation activity in company common shares. He received a grant of 15,599 restricted common shares that vested immediately under the RLJ Lodging Trust 2021 Equity Incentive Plan. To satisfy related tax withholding obligations, 7,821 common shares were surrendered to the issuer at $7.60 per share, rather than sold on the open market. After these transactions, Gormsen directly holds 231,417 common shares of RLJ Lodging Trust.
RLJ Lodging Trust Executive Chairman Robert L. Johnson received a grant of 40,559 restricted common shares that vested immediately under the RLJ Lodging Trust 2021 Equity Incentive Plan. To cover related tax withholding obligations, 22,495 common shares were surrendered to the company at a price of $7.60 per share, a non-market, tax-settlement disposition rather than an open-market sale. Following these transactions, Johnson directly holds 1,586,626 common shares. He also directly holds 335,250 OP Units, which are immediately redeemable, subject to partnership agreement limits, for cash equal to the market value of one common share or, at the company’s election, an equal number of common shares, with no expiration date.
RLJ Lodging Trust SVP, CFO & Treasurer Nikhil Bhalla received 14,039 restricted common shares that vested immediately under the RLJ Lodging Trust 2021 Equity Incentive Plan. To cover related tax withholding obligations, 8,132 common shares were surrendered to the issuer at $7.60 per share, leaving 201,504 common shares held directly.
RLJ Lodging Trust EVP and COO Thomas Bardenett reported routine equity compensation activity. He received a grant of 34,319 restricted common shares that vested immediately under the RLJ Lodging Trust 2021 Equity Incentive Plan. To cover related tax withholding obligations, 19,080 common shares were surrendered to the company at $7.60 per share, rather than sold on the open market. After these transactions, he directly holds 502,674 common shares.
RLJ Lodging Trust files its annual report describing a focused U.S. hotel REIT concentrated in premium-branded, rooms-oriented hotels. As of December 31, 2025, it owned 93 hotels with about 20,800 rooms across 23 states and Washington, D.C., heavily weighted to Marriott, Hilton and Hyatt brands.
The company operates through an UPREIT structure, leasing most hotels to taxable REIT subsidiaries managed by independent operators such as Aimbridge and Hilton. It reports about $2.2 billion of debt, mostly fixed or hedged, and emphasizes a “flexible balance sheet” with primarily unsecured financing.
RLJ highlights key risks including economic cycles, interest-rate and inflation pressures, competition from hotels and alternative accommodations, labor shortages, cybersecurity and AI-related technology risks, environmental liabilities, natural disasters and climate impacts, and REIT-specific tax and distribution constraints. The report also details sustainability initiatives, including cuts in energy use per square foot and greenhouse gas emissions since 2019 and a goal to reduce carbon emissions by 35% by 2030.
RLJ Lodging Trust reported softer 2025 results but highlighted a stronger balance sheet and clear 2026 outlook. For the fourth quarter, comparable RevPAR was $136.79, down 1.5%, while comparable hotel revenue inched up 0.2% to $325.1 million. Net income was $0.5 million, Adjusted EBITDA was $80.4 million, and Adjusted FFO was $48.7 million, or $0.32 per diluted common share and unit.
For the full year 2025, RLJ generated total revenues of $1.35 billion and net income of $28.6 million. Adjusted EBITDA was $334.6 million, and Adjusted FFO was $209.4 million, or $1.39 per diluted common share and unit, both down from 2024. The company sold two hotels for $49.5 million, repurchased 3.3 million shares for $28.6 million, and ended the year with over $1.0 billion of liquidity against $2.2 billion of debt. Management refinanced all debt maturities through 2028 and guided 2026 Adjusted EBITDA to $312–342 million and Adjusted FFO per diluted share to $1.21–$1.41.