---
schema_version: "secwatch.filing_event.v1"
accession: "0001474098-25-000033"
form_type: "8-K"
ticker: "PEB"
cik: "0001474098"
company_name: "Pebblebrook Hotel Trust"
filed_at: "2025-02-11T23:59:59+00:00"
generated_at: "2026-05-26T23:19:45.401533+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Pebblebrook Hotel Trust sets 2025 exec comp: Bortz base $840k, equity awards up to 336,506 units

## Summary
- Base salaries: Bortz $840k, Martz $560k, Fisher $560k; target cash bonuses: Bortz $1.39M, others $590k.
- Time-based LTIP grants: Bortz 112,168 LTIP units, Martz 47,426 LTIP units, Fisher 47,426 RSUs; vest in 1/3 increments over 3 years.
- Performance units target: Bortz 168,253, Martz 71,139, Fisher 71,139; vest based on Relative TSR (70%) and Absolute TSR (30%) over 2025-2027.
- Cash incentive bonus tied to six objectives including Adjusted FFO per share, dispositions, same-property hotel EBITDA, RevPAR penetration, hurricane recovery, CSR/compliance.
- Maximum cash payout is 200% of target; performance units capped at 100% if TSR negative.

## SEC filing metadata
- accession: 0001474098-25-000033
- form_type: 8-K
- ticker: PEB
- cik: 0001474098
- company_name: Pebblebrook Hotel Trust
- filed_at: 2025-02-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474098/000147409825000033/0001474098-25-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474098/000147409825000033/peb-20250207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474098-25-000033
- JSON: https://secwatch.observer/filing/0001474098-25-000033.json
- Plain text: https://secwatch.observer/filing/0001474098-25-000033.txt

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