Pebblebrook Hotel Trust Files Definitive Proxy Statement

TL;DR

<b>Pebblebrook Hotel Trust has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023, detailing executive compensation and corporate governance.</b>

AI Summary

Pebblebrook Hotel Trust (PEB-PH) filed a Proxy Statement (DEF 14A) with the SEC on March 29, 2024. Pebblebrook Hotel Trust filed a Definitive Proxy Statement (DEF 14A) on March 29, 2024. The filing covers the fiscal year ending December 31, 2023. The company's principal executive offices are located at 4747 Bethesda Avenue, Suite 1100, Bethesda, MD 20814. The filing includes detailed information regarding executive compensation components for fiscal years 2020-2023. Pebblebrook Hotel Trust is classified under Real Estate Investment Trusts (SIC code 6798).

Why It Matters

For investors and stakeholders tracking Pebblebrook Hotel Trust, this filing contains several important signals. This DEF 14A filing provides shareholders with crucial information for upcoming votes, particularly concerning executive compensation practices and board nominations. Understanding the details of executive compensation and the company's financial performance over the past few years is vital for investors to assess management's effectiveness and alignment with shareholder interests.

Risk Assessment

Risk Level: low — Pebblebrook Hotel Trust shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate disclosure rather than an immediate event or crisis.

Analyst Insight

Review the executive compensation details and any shareholder proposals to inform voting decisions.

Key Numbers

• 2023-12-31 — Fiscal Year End (Reporting period for the filing)
• 2024-03-29 — Filing Date (Date the DEF 14A was filed)

Key Players & Entities

• Pebblebrook Hotel Trust (company) — Filer of the document
• 4747 Bethesda Avenue, Suite 1100, Bethesda, MD 20814 (company) — Business and mailing address

FAQ

Industry Context

Pebblebrook Hotel Trust operates as a Real Estate Investment Trust (REIT) focused on the lodging industry.

Regulatory Implications

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

What Investors Should Do

1. Review the detailed executive compensation breakdown for fiscal years 2020-2023.
2. Examine any shareholder proposals or director nominations presented in the proxy statement.
3. Understand the company's governance structure and voting recommendations.

Key Dates

• 2024-03-29: Filing of DEF 14A — Provides detailed information for the fiscal year 2023.

Year-Over-Year Comparison

This filing is a routine DEF 14A, indicating standard disclosure practices for the period.

Filing Documents

• peb-20240328.htm (DEF 14A) — 873KB
• peb-20240328_g1.jpg (GRAPHIC) — 266KB
• peb-20240328_g10.jpg (GRAPHIC) — 45KB
• peb-20240328_g11.jpg (GRAPHIC) — 49KB
• peb-20240328_g12.jpg (GRAPHIC) — 103KB
• peb-20240328_g13.jpg (GRAPHIC) — 86KB
• peb-20240328_g2.jpg (GRAPHIC) — 22KB
• peb-20240328_g3.jpg (GRAPHIC) — 23KB
• peb-20240328_g4.jpg (GRAPHIC) — 23KB
• peb-20240328_g5.jpg (GRAPHIC) — 46KB
• peb-20240328_g6.jpg (GRAPHIC) — 35KB
• peb-20240328_g7.jpg (GRAPHIC) — 117KB
• peb-20240328_g8.jpg (GRAPHIC) — 96KB
• peb-20240328_g9.jpg (GRAPHIC) — 102KB
• 0001474098-24-000064.txt (&nbsp;) — 4012KB
• peb-20240328.xsd (EX-101.SCH) — 4KB
• peb-20240328_def.xml (EX-101.DEF) — 6KB
• peb-20240328_lab.xml (EX-101.LAB) — 9KB
• peb-20240328_pre.xml (EX-101.PRE) — 5KB
• peb-20240328_htm.xml (XML) — 140KB

Security Ownership Information

Security Ownership Information 44

Security Ownership of Certain Beneficial Owners

Security Ownership of Certain Beneficial Owners 44

Security Ownership of Management (Executive Officers and Trustees)

Security Ownership of Management (Executive Officers and Trustees) 45 General Information 45 ABOUT PEBBLEBROOK HOTEL TRUST Pebblebrook Hotel Trust is a publicly traded real estate investment trust ("REIT") organized to opportunistically acquire and invest in hotel and resort properties located primarily within major U.S. cities with an emphasis on major gateway coastal markets. We also target investments in resort properties located near our primary urban target markets and select destination resort markets. We focus on branded and independent full-service hotels in the "upper-upscale" segment of the lodging industry. As of March 22, 2024, we owned 46 hotels and resorts, totaling approximately 11,924 guest rooms, located in urban and resort markets, including: Boston, Massachusetts; Chicago, Illinois; Hollywood, Florida; Jekyll Island, Georgia; Key West, Florida; Los Angeles, California (Beverly Hills, Santa Monica and West Hollywood); Naples, Florida; Newport, Rhode Island; Portland, Oregon; San Diego, California; San Francisco, California; Santa Cruz, California; Stevenson, Washington; and Washington, DC. Throughout this Proxy Statement, we use the terms "Pebblebrook," "Company," "we," "our" and "us" to refer to Pebblebrook Hotel Trust. ANNUAL MEETING INFORMATION We are providing these proxy materials in connection with the 2024 Annual Meeting of Shareholders (the "Annual Meeting"). These materials will assist you in voting your Common Shares by providing information on matters that will be presented at the Annual Meeting. Meeting Date Friday, May 24, 2024 Meeting Time 9:00 a.m. Eastern Time Meeting Location Hunton Andrews Kurth LLP, 2200 Pennsylvania Avenue, NW, Suite 900, Washington, DC 20037 Record Date March 8, 2024 The following matters are being presented for a vote at the Annual Meeting: Proposal Board Recommendation Vote Required For Approval 1 – Election of Trustees FOR each nominee Majority of votes cast 2 – Ratification of A

View Full Filing

View this DEF 14A filing on SEC EDGAR