Palogic Value Fund withdraws nominees and proposal at Pebblebrook ahead of 2026 annual meeting

Reuters

Feb 18

Palogic Value Fund withdraws nominees and proposal at Pebblebrook ahead of 2026 annual meeting

Palogic Value Fund said it has withdrawn its two director nominees and a shareholder proposal that had been submitted for Pebblebrook Hotel Trust’s 2026 annual meeting, citing recent governance changes including the addition of directors Nina Jones and Bill Bayless and a new tenure-based board refreshment framework. In a February 17, 2026 letter, principals Ryan Vardeman and Scott Williams said Palogic continues to raise concerns about the company’s net asset value discount, capital allocation and executive compensation, and urged the board to consider asset sales to fund accelerated share buybacks or to evaluate a sale of the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pebblebrook Hotel Trust published the original content used to generate this news brief via Business Wire (Ref. ID: 202602180800BIZWIRE_USPR_____20260217_BW223731) on February 18, 2026, and is solely responsible for the information contained therein.

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