4/A: Host Hotels & Resorts CEO Corrects Stock Withholding Error in Amended SEC Filing
SEC Filing (Form 4 Amendment)
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.
- The 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 9, 2024.
- The correction involves 23,827 shares disposed of at a price of $19.58.
- Following the reported transaction, Risoleo beneficially owns 1,882,163 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 and adherence to regulations.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations. Amendments are sometimes necessary to correct errors or omissions in previous filings.
Stakeholder Impact
- The correction ensures accurate reporting of insider ownership, which is important for shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/09/2024 | Date of the transaction involving the withholding of shares. |
| 02/12/2024 | Date of original Form 4 filing (amended). |
| 03/22/2024 | Date of the amended Form 4 filing. |
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