Chatham Lodging Trust Files Definitive Proxy Statement

TL;DR

<b>Chatham Lodging Trust has filed its Definitive Proxy Statement for the period ending May 15, 2024.</b>

AI Summary

Chatham Lodging Trust (CLDT-PA) filed a Proxy Statement (DEF 14A) with the SEC on April 2, 2024. Chatham Lodging Trust filed a Definitive Proxy Statement (DEF 14A) on April 2, 2024. The filing covers the period ending May 15, 2024. The company's fiscal year ends on December 31. Chatham Lodging Trust is incorporated in Maryland. The filing includes data related to equity awards and pension adjustments for the years 2020 through 2023.

Why It Matters

For investors and stakeholders tracking Chatham Lodging Trust, this filing contains several important signals. This DEF 14A filing is crucial for shareholders as it details executive compensation, board nominations, and other matters to be voted on at the upcoming annual meeting. Understanding the equity awards and pension adjustments data from 2020-2023 provides insight into the company's compensation structure and potential future liabilities.

Risk Assessment

Risk Level: low — Chatham Lodging Trust shows low risk based on this filing. The filing is a routine DEF 14A, providing information to shareholders rather than announcing new financial performance or strategic shifts, thus posing low immediate risk.

Analyst Insight

Shareholders should review the proxy statement to understand executive compensation and vote on proposals at the upcoming annual meeting.

Key Numbers

• 2024-05-15 — Period of Report (DEF 14A)
• 2024-04-02 — Filed as of Date (DEF 14A)
• 2023-12-31 — Fiscal Year End (Company Data)
• 2020-01-01 — Data Start Year (Equity Awards and Pension Adjustments)
• 2023-12-31 — Data End Year (Equity Awards and Pension Adjustments)

Key Players & Entities

• Chatham Lodging Trust (company) — Filer
• 2024-05-15 (date) — Period of Report
• 2024-04-02 (date) — Filing Date
• 2023-12-31 (date) — Fiscal Year End
• MD (state) — State of Incorporation
• 2020-01-01 (date) — Data Range Start
• 2023-12-31 (date) — Data Range End

FAQ

Industry Context

Chatham Lodging Trust operates as a real estate investment trust (REIT) focused on the lodging sector.

Regulatory Implications

As a publicly traded company, Chatham Lodging Trust is subject to SEC regulations, including the requirement to file proxy statements for shareholder meetings.

What Investors Should Do

1. Review the proxy statement for details on executive compensation and director nominees.
2. Vote on proposals presented at the annual shareholder meeting.
3. Monitor future SEC filings for updates on company strategy and financial performance.

Key Dates

• 2024-04-02: Filing Date — Filing of Definitive Proxy Statement
• 2024-05-15: Period of Report — Covers information up to this date for shareholder voting.

Year-Over-Year Comparison

This filing is a routine DEF 14A and does not appear to represent a significant change from previous filings in terms of format or core information, but provides updated data for the current reporting period.

Key Financial Figures

• $1.5 billion — poration at a total enterprise value of $1.5 billion. Between 1986 and 1994, he served as Pr
• $50 billion — rack record of involvement in more than $50 billion of mergers, acquisitions and equity and

Filing Documents

• cldt-20240401.htm (DEF 14A) — 911KB
• cldt-20240401_g1.jpg (GRAPHIC) — 14KB
• cldt-20240401_g2.jpg (GRAPHIC) — 115KB
• cldt-20240401_g3.jpg (GRAPHIC) — 96KB
• cldt-20240401_g4.jpg (GRAPHIC) — 195KB
• cldt-20240401_g5.jpg (GRAPHIC) — 222KB
• cldt-20240401_g6.jpg (GRAPHIC) — 229KB
• cldt-20240401_g7.jpg (GRAPHIC) — 227KB
• 0001476045-24-000025.txt (&nbsp;) — 3771KB
• cldt-20240401.xsd (EX-101.SCH) — 4KB
• cldt-20240401_def.xml (EX-101.DEF) — 5KB
• cldt-20240401_lab.xml (EX-101.LAB) — 7KB
• cldt-20240401_pre.xml (EX-101.PRE) — 4KB
• cldt-20240401_htm.xml (XML) — 127KB

Executive Compensation

Executive Compensation 26 Equity Compensation Plan Information 56 Certain Relationships and Related Transactions 56 Audit Committee Report 57 Proposal 2 58 Proposal 3 59 Other Matters 60 Shareholder Proposals for 2025 60 Annual Report to Shareholders 60 General Information 61 Ballot 62 2 222 Lakeview Avenue, Suite 200 West Palm Beach, FL 33401 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY 15, 2024 TO OUR SHAREHOLDERS: The Annual Meeting of Shareholders of Chatham Lodging Trust (the "Company") will be held at the Company's offices located at 222 Lakeview Avenue, Suite 200, West Palm Beach, Florida 33401, on Wednesday, May 15, 2024, at 10:00 a.m., Eastern Time, for the following purposes: 1. To elect seven trustees of the Company to hold office for a one-year term and until their respective successors as trustees are duly elected and qualified; 2. To ratify the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accountants for the year ending December 31, 2024; 3. To hold an advisory vote on executive compensation as disclosed in these materials; and 4. To transact such other business as may properly come before the meeting or any adjournment or postponement thereof. Only shareholders of record at the close of business on March 18, 2024, are entitled to notice of, and to vote at, the meeting. All shareholders are requested to be present at the meeting in person or by proxy. Any shareholder who executes a proxy and later finds that he or she or she can be present at the meeting, or for any reason desires to do so, may revoke the proxy at any time before it is voted. Proxies are revocable in accordance with the procedures set forth in this Proxy Statement. There is enclosed, as a part of this Notice, a Proxy Statement which contains further information regarding the Annual Meeting. Please read it carefully and vote. Your cooperation is appreciated because a majority of the c

View Full Filing

View this DEF 14A filing on SEC EDGAR