Pebblebrook Hotel Trust adds Bill Bayless to board, expanding it to eight trustees
Pebblebrook Hotel Trust said Bill Bayless joined its Board of Trustees on October 1, 2026, increasing the board from seven to eight members. Bayless is CEO of Maslow Campus Communities and co-founded American Campus Communities, and he will receive the same trustee fees and a $50,000 share award as the company's other independent trustees.
Key points
- Bayless joined the board on October 1, 2026; the board was previously elected to appoint him on February 5, 2026, and he will serve until the 2027 annual meeting.
- He received a one-time $50,000 award in common shares, vesting in one-third increments annually over three years.
- The company entered into an indemnification agreement with Bayless on October 1, 2026, on the same terms as its other trustees and executive officers.
- Bayless has been involved in nearly $30 billion in real estate transactions over his career of more than 35 years.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.