CEO Jon Bortz Buys $678K in Company Stock Near 52-Week High
PEB has more than doubled off its 52-week low of $8.88.
Summary
Pebblebrook Hotel Trust's Chairman and CEO, Jon E Bortz, purchased $678,600 worth of common shares in open market transactions, signaling strong confidence in the company.
Key Events · Ownership and Investor Activity · PEB
-
CEO Open Market Purchase
Jon E Bortz, Chairman and CEO, acquired 40,000 common shares for a total of $678,600 through two open market transactions on June 8-9, 2026, at prices ranging from $16.84 to $17.09 per share.
-
Strong Insider Conviction
This substantial personal investment by the CEO signals strong confidence in the company's prospects, particularly as the stock is trading near its 52-week high of $17.23.
Analysis · PEB · Real Estate & Construction
Jon E Bortz, the Chairman and CEO, made a significant open market purchase of company stock. This transaction, totaling $678,600, demonstrates strong insider conviction, especially notable as the stock is currently trading near its 52-week high. Such a purchase by a key executive suggests confidence in the company's future performance and valuation, following recent positive operational results and strategic debt reduction.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PEB was trading at $17.77 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $1.9B. The 52-week trading range was $8.88 to $17.23. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.