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Gaming & Lodging

Pebblebrook Hotel Trust Executive Compensation (FY25)

PEB · Bethesda, MD · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Jon Bortz
Latest say-on-pay support
=
May 29, 2026
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Data as of October 22, 2026Latest filing (8-K): June 2, 2026
12 filings cited on this page
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181 figures on this page: 171 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

More on Pebblebrook Hotel Trust

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jon Bortz: $7,377,014 → $6,589,254 (10.7% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Pebblebrook Hotel Trust's chief executive and what were they paid?
Total compensation for Jon Bortz, Chief Executive Officer and Chairman of the Board, came to $6,589,254 in fiscal 2025. Bortz's total was 10.7% lower than the $7,377,014 reported for fiscal 2024.
What was Pebblebrook Hotel Trust's say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 90.7% support at the meeting held May 29, 2026.
Which companies are in Pebblebrook Hotel Trust's peer group?
Companies named in the disclosed peer group include Apple Hospitality REIT, Inc., Chatham Lodging Trust, DiamondRock Hospitality Company, Host Hotels & Resorts, Inc. and Park Hotels & Resorts Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jon Bortz
Chief Executive Officer and Chairman of the Board
◇—◇—◇—◇◇
Raymond Martz
Co-President Chief Financial Officer Treasurer and Secretary
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jon Bortz
Chief Executive Officer and Chairman of the Board
◇◇◇—◇—◇◇
Thomas Fisher
Co-President, Chief Investment Officer
◇◇◇—◇—◇◇
Raymond Martz
Co-President, Chief Financial Officer, Treasurer, and Secretary
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jon Bortz
Chief Executive Officer and Chairman of the Board
◇—◇—◇—◇◇
Thomas Fisher
Co-President, Chief Investment Officer
◇—◇—◇—◇◇
Raymond Martz
Co-President, Chief Financial Officer, Treasurer, and Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jon Bortz
Chief Executive Officer and Chairman of the Board
◇—◇—◇—◇◇
Thomas Fisher
Co-President, Chief Investment Officer
◇—◇—◇—◇◇
Raymond Martz
Co-President, Chief Financial Officer, Treasurer, and Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jon E. BortzPSU◇◇◇—◇—◇
Jon E. BortzRSU◇——◇——◇
Raymond D. MartzPSU◇◇◇—◇—◇
Raymond D. MartzRSU◇——◇——◇
Thomas C. FisherPSU◇◇◇—◇—◇
Thomas C. FisherRSU◇——◇——◇
Time-Based EquityPSU◇—— withheld—◇—◇
Time-Based EquityPSU◇—— withheld—◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Raymond MartzRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Thomas FisherRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jon BortzPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Earl E. Webb
◇—————◇
Ron E. Jackson
◇—————◇
Bonny W. Simi
◇—————◇
Phillip M. Miller
◇—————◇
Michael J. Schall
◇—————◇
Cydney C. Donnell
◇—————◇
Nina P. Jones and Jon E. Bortz served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Total board retainer◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as Common Shares.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Apple Hospitality REIT, Inc. APLE
  • Chatham Lodging Trust CLDT
  • DiamondRock Hospitality Company DRH
  • Host Hotels & Resorts, Inc. HST
  • Park Hotels & Resorts Inc. PK
  • RLJ Lodging Trust RLJ
  • Ryman Hospitality Properties, Inc. RHP
  • Summit Hotel Properties, Inc. INN
  • Sunstone Hotel Investors, Inc. SHO
  • Xenia Hotels & Resorts, Inc. XHR
Full-Service Hotel Sector Peer Group
  • Braemar Hotels & Resorts Inc. BHR

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 29, 2026=◇◇◇
2024May 23, 2025=◇◇◇
2023May 24, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021June 21, 2022=◇◇◇
2020May 19, 2021=◇◇◇
2019May 19, 2020=◇◇◇
2018June 13, 2019=◇◇◇
2016June 30, 2017=◇◇◇
2015July 7, 2016=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- Jon Bortz (Chief Executive Officer and Chairman of the Board), FY2025 total compensation $6,589,254 (base salary $840,000) [exec_comp, SEC accession 0001474098-26-000030, filed 2026-04-17]

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What this page does not include

Everything above is a fact Pebblebrook Hotel Trust disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Pebblebrook Hotel Trust sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Written compensation analysis
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
181 figures on this page: 171 cited to the filing that reported them, 10 calculated from figures it prints.
171 cited to the filing
10 calculated from the filing

Documents cited

  1. 0001474098-26-000046
    Proposal 3 - approval of compensation of named executive officers ("Say-On-Pay"): Votes For Votes Against Abstentions Broker Non-Votes
  2. 0001474098-26-000030
    GRANTS OF PLAN-BASED AWARDS TABLE · Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End Table · Summary Compensation Table · and 1 more section
  3. 0001474098-25-000093
    Proposal 3 - approval of compensation of named executive officers ("Say-On-Pay"): Votes For Votes Against Abstentions Broker Non-Votes
  4. 0001474098-24-000085
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001474098-23-000111
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001474098-23-000093
    SUMMARY COMPENSATION TABLE
  7. 0001474098-22-000088
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001474098-21-000107
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001474098-20-000080
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001474098-19-000058
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001474098-17-000039
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001474098-16-000127
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Velarion, “Pebblebrook Hotel Trust executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PEB (accessed 2026).
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The paid brief for Pebblebrook Hotel Trust

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Gaming & Lodging rankings

Chief executive pay — Gaming & LodgingCEO pay ratio — Gaming & LodgingSay-on-pay support — Gaming & Lodging

Peers Pebblebrook Hotel Trust discloses

The companies named in PEB's own disclosed peer group.

Apple Hospitality REIT, Inc.Chatham Lodging TrustDiamondRock Hospitality CompanyHost Hotels & Resorts, Inc.Park Hotels & Resorts Inc.RLJ Lodging TrustRyman Hospitality Properties, Inc.Summit Hotel Properties, Inc.Sunstone Hotel Investors, Inc.Xenia Hotels & Resorts, Inc.Braemar Hotels & Resorts Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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