Form 4: Host Hotels & Resorts Director A. William Stein Acquires Deferred Stock Units

Director A. William Stein acquired deferred stock units equivalent to 9,740.2597 shares of Host Hotels & Resorts common stock on May 15, 2024, in lieu of an annual stock award.

Summary

• On May 15, 2024, A. William Stein, a director of Host Hotels & Resorts, Inc., acquired 9,740.2597 deferred stock units.
• These units were granted in lieu of an annual stock award.
• Each deferred stock unit represents the right to receive one share of Host Hotels & Resorts common stock.
• The deferred stock units are fully vested and will be settled in shares of the Issuer's common stock on a date selected by the reporting person pursuant to the Host Hotels & Resorts, Inc.'s Non-Employee Directors' Deferred Stock Compensation Plan.
• Following the transaction, Stein directly owns 69,081.1185 shares of common stock.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction. The sentiment is neutral as it simply reports the acquisition of deferred stock units by a director.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

The deferred stock units will be settled in shares of common stock on a date selected by the reporting person, according to the Host Hotels & Resorts, Inc.'s Non-Employee Directors' Deferred Stock Compensation Plan.

Industry Context

This transaction is a routine disclosure of stock ownership changes by a company director, common in publicly traded companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates