secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0001474098-25-000033
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409825000033/0001474098-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409825000033/peb-20250207.htm
  HTML page:      https://secwatch.observer/filing/0001474098-25-000033

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