---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-072260"
form_type: "8-K"
ticker: "SVC"
cik: "0000945394"
company_name: "Service Properties Trust"
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:14:00.494023+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Service Properties Trust reduces share ownership limit to 5%; trustees Cramer and Portnoy face heavy opposition

## Summary
- Ownership limit cut from 9.8% to 5% to preserve net operating loss tax benefits; transfers above 5% void.
- Arbitration provision for shareholder disputes removed from bylaws.
- Trustees Cramer (37.3M against) and Portnoy (41.8M against) re-elected with substantial opposition votes.
- Non-binding say-on-pay passed with 119.4M for vs 11.4M against.
- Deloitte & Touche ratified as independent auditor with 145.6M for.

## SEC filing metadata
- accession: 0001104659-24-072260
- form_type: 8-K
- ticker: SVC
- cik: 0000945394
- company_name: Service Properties Trust
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/945394/000110465924072260/0001104659-24-072260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/945394/000110465924072260/tm2416887d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-072260
- JSON: https://secwatch.observer/filing/0001104659-24-072260.json
- Plain text: https://secwatch.observer/filing/0001104659-24-072260.txt

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