secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001474098-24-000046
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pebblebrook Hotel Trust discloses 2024 executive compensation arrangements
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- CEO Bortz: base salary $817k, target cash bonus $1.345M (165% of base), 95,747 LTIP units time-vesting.
- CFO Martz: base salary $543k, target cash bonus $570k (105% of base), 40,606 LTIP units time-vesting.
- President Fisher: base salary $543k, target cash bonus $570k (105% of base), 40,606 RSUs time-vesting.
- 60% of long-term equity is performance-based (3-yr TSR vs. peers); 40% time-vests over 3 years.
- 2024 annual bonus tied to six objectives; total payout capped at 200% of target per officer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409824000046/0001474098-24-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409824000046/peb-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001474098-24-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer