Executive Chairman of RLJ Lodging Trust (NYSE:RLJ ) filed the following stock transactions with the SEC on August 10, 2015.
Robert Lewis Johnson disposed of RLJ Lodging Trust shares on August 7, 2015, Johnson's transaction was as follows,
Johnson disposed of 970 common stock shares at an average price of $28.46 leaving 1,094,907 beneficially owned shares. The total value of the disposed shares is $27,606.20. It was noted that transaction reflects common shares surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted common shares.
RLJ Lodging Trust is trading at $28.72 a share, down 1.10 percent, the company has a market cap of $3.83 billion.