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Raymond D. Martz is the CEO of Pebblebrook Hotel Trust, a position he has held since February 2023. Before this, he gathered valuable experience in finance and management at various companies, including his role as CFO at Phillips Edison &...

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Raymond D. Martz

CEO of Pebblebrook Hotel Trust

Sector of Economy

Real Estate

CEO of Pebblebrook Hotel Trust for

2 years 1 month (Feb 2023 - Present)

Previous Experience

Unknown

Holdings

See how much did Raymond D. Martz make over time.

Raymond D. Martz holds a significant stake in Pebblebrook Hotel Trust (PEB). His wealth is closely tied to the company, as evident from his vested stock awards valued at around $625,000 in 2023. These stock holdings highlight his strong alignment...

Mar 18, 2025

Total Stock Sold

$2.16M

PEB

$2.16M

72,070 PEB shares

What if they kept their stock?

If Raymond D. Martz didn't sell their stock, today they would have:
Extra PEB72,070 shares worth $816.55K.
This is -62.16% and $1.34M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Raymond D. Martz.

PEB

$179.81K

PEB at $15.72/share

Feb 26, 2024

Sale

PEB

21,696 shares

PEB

Feb 15, 2024

Received

PEB

17,327 shares

PEB

Feb 17, 2023

Received

PEB

21,400 shares

PEB

May 16, 2022

Received

PEB

21,400 shares

PEB

Feb 18, 2022

Received

PEB

$219.88K

PEB at $23.73/share

Mar 3, 2021

Sale

PEB

$328.37K

PEB at $10.42/share

Feb 18, 2021

Received

PEB

25,780 shares

PEB

Feb 12, 2020

Received

PEB

55,569 shares

PEB

Feb 13, 2019

Received

PEB

20,229 shares

PEB

Mar 9, 2018

Received

Compensation History

See how much did Raymond D. Martz make over time.

In 2023, Raymond D. Martz reported a total compensation of approximately $3.2 million as the CEO of Pebblebrook Hotel Trust. His base salary is $525,000, supplemented by a discretionary bonus of $27,500, showcasing performance-based incentives. A considerable portion of his compensation comes from vested stock awards, which are valued at around $624,738. These vesting stocks are critical for aligning his interests with those of shareholders. Additionally, he received approximately $60,522 in other benefits, which include health insurance premiums and contributions to a 401(k) retirement plan. The compensation package reflects the company's strategy to motivate its leadership through a blend of salary, bonuses, and stock incentives that encourage long-term performance.

Year

2023

Total Compensation

$1.24M

Salary

$525.00K

Board Justification

The compensation program aligns the interests of NEOs with those of shareholders, emphasizing performance-based incentives and long-term equity awards.

Bonus

$27.50K

Board Justification

The bonus is a discretionary cash incentive based on performance metrics set by the Compensation Committee, with a target of $550,000 for 2023.

Other

$60.52K

Board Justification

Other compensation includes health insurance premiums, dental, life and long-term disability insurance premiums, employer-matching contributions to the Company’s 401(k) plan, and parking.

Restricted Stock

$624.74K(39.1K LTIP units or Common Shares)

Board Justification

The time-based equity award of 39,095 shares will vest in one-third increments on January 1, 2024, 2025, and 2026.

Performance Metrics

The performance metrics for the cash incentive bonus include Adjusted FFO per share, gross proceeds from dispositions, relative hotel EBITDA per key increase, hotel RevPAR penetration index improvement, and ESG results.

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