Pebblebrook Hotel Trust 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. Issuer Purchases of Equity Securities Common Shares Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1) (in millions) April 1, 2026 - April 30, 2026 6,558 $ 12.66 6,558 $ — May 1, 2026 - May 31, 2026 423,084 $ 14.62 423,084 $ — June 1, 2026 - June 30, 2026 108,989 $ 15.52 108,989 $ — Total 538,631 $ 14.78 538,631 $ 137.1 ______________________ (1) On October 21, 2025, our Board of Trustees authorized a common share repurchase program of up to $150.0 million of common shares. Under this program, we may repurchase common shares from time to time in transactions on the open market or by private agreement. We may suspend or discontinue this program at any time. As of June 30, 2026, $137.1 million of common shares remained available for repurchase under this program. Preferred Shares Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1) (in millions) April 1, 2026 - April 30, 2026 — $ — — $ — May 1, 2026 - May 31, 2026 1,347,614 $ 19.38 1,347,614 $ — June 1, 2026 - June 30, 2026 139,424 $ 17.69 139,424 $ — Total 1,487,038 $ 19.22 1,487,038 $ 45.6 ______________________ (1) On February 17, 2023, our Board of Trustees authorized a share repurchase program of up to $100.0 million of our outstanding preferred shares. Under this program, we may repurchase up to an aggregate of $100.0 million of our 6.375% Series E Cumulative Redeemable Preferred Shares, 6.30% Series F Cumulative Redeemable Preferred Shares, 6.375% Series G Cumulative Redeemable Preferred Shares and 5.70% Series H Cumulative Redeemable Preferred Shares from time to time in transactions on the open market or by private agreement. We may suspend or discontinue this program at any time. As of June 30, 2026, $45.6 million of preferred shares remained available for repurchase under this program. The amount in this column does not include the approximate dollar value of preferred shares that may yet be purchased under the $50.0 million preferred share repurchase program that will commence upon the completion of the $100.0 million preferred share repurchase program. Item 3. Defaults Upon Senior Securities. None. Item 4. Mine Safety Disclosures. Not applicable. 35 Table of Contents