secwatch.observer — SEC 8-K summary
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Issuer:     Pebblebrook Hotel Trust (PEB)
CIK:        0001474098
Form:       8-K
Filed at:   2026-10-01T20:18:22+00:00
Accession:  0001474098-26-000063
Event type: leadership
Sentiment:  positive
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Pebblebrook Hotel Trust Appoints Bill Bayless to Board, Expanding Board to Eight Trustees
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- Bill Bayless joined Pebblebrook Hotel Trust's Board of Trustees effective October 1, 2026, serving until the 2027 annual meeting.
- Bayless is CEO of Maslow Campus Communities; he co-founded American Campus Communities and helped lead its roughly $13 billion sale to Blackstone in 2022.
- Over more than 35 years, Bayless has been involved in nearly $30 billion in real estate transactions, per the company.
- Pebblebrook's board increased from seven to eight trustees; Bayless received a one-time $50,000 common share award vesting in one-third annual increments over three years.
- Bayless will receive the same fees as Pebblebrook's other independent trustees, with first cash payment pro-rated from his October 1, 2026 start date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1474098/000147409826000063/0001474098-26-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1474098/000147409826000063/peb-20261001.htm
  HTML page:      https://secwatch.observer/filing/0001474098-26-000063

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