Form 4: Host Hotels Director Reports Acquisition of Deferred Stock Units

Host Hotels & Resorts Director Mary Hogan Preusse reported the acquisition of 1,143.4978 dividend equivalent rights tied to deferred stock units.

Summary

• Mary Hogan Preusse, a Director of Host Hotels & Resorts, Inc. (HST), filed a Form 4 with the SEC.
• The filing reports the acquisition of 1,143.4978 dividend equivalent rights on July 15, 2025.
• These rights are associated with deferred stock units held by the reporting person.
• Each dividend equivalent right represents the right to receive one share of common stock of the Issuer.
• The dividend equivalent rights accrued on deferred stock units and will be settled in shares of the Issuer's common stock on a date selected by the reporting person, pursuant to the Issuer's Non-Employee Directors' Deferred Stock Compensation Plan.
• Following this transaction, Mary Hogan Preusse beneficially owns 12,998.4158 derivative securities, specifically deferred stock units with dividend equivalent rights.

Sentiment

Score: 7

Explanation: The transaction is a routine compensation event for a director, indicating continued alignment of interests. It is not a direct open-market purchase but an accrual of rights under a pre-existing plan, which is generally viewed as neutral to slightly positive.

Positives

• The acquisition of dividend equivalent rights increases the director's beneficial ownership, further aligning their interests with those of shareholders.
• The transaction is part of a pre-existing and structured compensation plan (Non-Employee Directors' Deferred Stock Compensation Plan), indicating a standard and transparent approach to director remuneration.

Future Outlook

The dividend equivalent rights accrued on deferred stock units will be settled in shares of the Issuer's common stock on a date selected by the reporting person, in accordance with the Issuer's Non-Employee Directors' Deferred Stock Compensation Plan.

Industry Context

This filing is a routine disclosure of an insider transaction related to director compensation and does not provide broader industry context or trends.

Related Party Transactions

• The transaction represents a compensation-related dealing between a director (Mary Hogan Preusse) and the company (Host Hotels & Resorts, Inc.), which is a standard related-party transaction under the Non-Employee Directors' Deferred Stock Compensation Plan.

Stakeholder Impact

• Shareholders: The increased beneficial ownership by a director through compensation aligns the director's interests more closely with those of the shareholders.

Next Steps

• Settlement of the dividend equivalent rights into common stock shares on a future date to be selected by the reporting person.

Key Dates

Keywords

Host Hotels & Resorts, HST, SEC Form 4, Insider Transaction, Director Compensation, Deferred Stock Units, Dividend Equivalent Rights, Stock Ownership, Corporate Governance