---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-041630"
form_type: "8-K"
ticker: "RLJ"
cik: "0001511337"
company_name: "RLJ Lodging Trust"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:27:44.418352+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "medium"
source: SEC EDGAR
---

# CEO Leslie D. Hale signs new 4-year employment agreement with unchanged terms

## Summary
- Base salary remains $840,000 per year; target cash bonus 175% of base salary.
- Four-year initial term with automatic one-year renewal unless 60 days' notice.
- If terminated without cause/for good reason: 36 months base salary (24 months for non-renewal of initial term).
- Plus lump sum of 3x target bonus (2x for non-renewal) and equity vesting.
- Non-compete and non-solicitation for 24 months post-termination.

## SEC filing metadata
- accession: 0001104659-23-041630
- form_type: 8-K
- ticker: RLJ
- cik: 0001511337
- company_name: RLJ Lodging Trust
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: medium
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1511337/000110465923041630/0001104659-23-041630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1511337/000110465923041630/tm2311433d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-041630
- JSON: https://secwatch.observer/filing/0001104659-23-041630.json
- Plain text: https://secwatch.observer/filing/0001104659-23-041630.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.