Burns Laurie B. 4

What Happened

• Laurie B. Burns, a director of Service Properties Trust (NASDAQ: SVC), sold 87,680 shares on February 27, 2026. The reported weighted-average sale price was $2.32, with total proceeds of approximately $203,838. The filing reports the sale under the Form 4 sale code (S).

Key Details

• Transaction date: 2026-02-27.
• Sale type: reported as open-market or private sale (Form 4 code S); shares were sold in multiple transactions.
• Price: weighted-average $2.32; individual sale prices ranged from $2.32 to $2.345 per share (see footnote).
• Total proceeds: ~$203,838.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: (1) The 87,680 shares included shares previously held directly by Burns that were transferred to the Laurie B. Burns Revocable Trust (she is a trustee and beneficiary). (2) The trust notes the weighted-average price and offers to provide a detailed breakdown of the number of shares sold at each price on request.
• Timeliness: Filing covers the transaction date and was filed with period/report date 2026-02-27 (no late filing indicated).

Context

• This was a sale, which is generally a routine liquidity event rather than a clear signal of management view. The transfer to — and sale by — a revocable trust is a common administrative/tax/planning structure; the filing does not state motives.