Hersha Hospitality Trust's Chairman of the Board just declared owning 856,428 shares of Hersha Hospitality Trust

Hasu P Shah, Hersha Hospitality Trust's Chairman of the Board and a director of the company, has just filed an initial statement of beneficial ownership where 856,428 shares of Hersha Hospitality Trust were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Shah. Shah operates out of Harrisburg, PA. Some additional info was provided as follows:

On December 26, 2013, the Reporting Person filed a Form 4 reporting 871,428 Class A common shares of beneficial interest directly owned. This Form 5 is being filed to correct the number of shares directly owned to 802,298. There have been no acquisitions or dispositions by the Reporting Person of securities issued by Hersha Hospitality Trust since December 26, 2013.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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