Director Laurie B. Burns awarded 67,073 SVC shares at no cash cost
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burns Laurie B. reported acquisition or exercise transactions in this Form 4 filing.
Service Properties Trust director Laurie B. Burns received an equity grant of 67,073 common shares of beneficial interest. The shares were awarded at no cash cost per share under the company’s equity compensation plan and represent her entire reported direct holding of 67,073 shares after the transaction. This is a compensation-related award rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burns Laurie B.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares of Beneficial Interest | 67,073 | $0.00 | -- |
Holdings After Transaction:
Common Shares of Beneficial Interest — 67,073 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity grant size: 67,073 shares
Grant price per share: $0.00 per share
Shares held after transaction: 67,073 shares
3 metrics
Equity grant size
67,073 shares
Common Shares of Beneficial Interest granted to director
Grant price per share
$0.00 per share
Equity compensation award, not open-market purchase
Shares held after transaction
67,073 shares
Total reported direct holdings after grant
Key Terms
Common Shares of Beneficial Interest, equity compensation plan, grant, award, or other acquisition
3 terms
equity compensation plan financial
"award of shares pursuant to the Issuer's equity compensation plan"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did SVC director Laurie B. Burns report?
Laurie B. Burns reported receiving 67,073 common shares of beneficial interest in Service Properties Trust. The shares were granted as compensation under the company’s equity compensation plan, not bought in the open market, and became her entire reported direct holding.