4/A: Host Hotels & Resorts CEO Corrects Stock Transaction Reporting
SEC Filing
James F. Risoleo, President and CEO of Host Hotels & Resorts, files an amended Form 4 to correct the number of shares withheld upon vesting of equity awards.
Summary
- James F. Risoleo, the President and CEO of Host Hotels & Resorts, filed an amended Form 4 with the SEC on March 22, 2024.
- This amendment corrects an overstatement in the original Form 4 regarding the number of common stock shares withheld upon the vesting of equity awards.
- The transaction date for the corrected information is February 20, 2024, involving the disposition of 355,110 shares at a price of $19.66.
- Following the reported transaction, Risoleo beneficially owns 2,375,577 shares of common stock directly.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Stakeholder Impact
- The correction of the stock transaction information ensures accurate reporting to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 02/20/2024 | Date of stock transaction (disposal of shares). |
| 02/21/2024 | Date of original Form 4 filing (which contained an error). |
| 03/22/2024 | Date of amended Form 4 filing to correct the error. |
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