Form 4: Host Hotels & Resorts Director Acquires Deferred Stock Units

Director Gordon H. Smith acquired 9,740.2597 deferred stock units of Host Hotels & Resorts, Inc. in lieu of an annual stock award.

Summary

• On May 15, 2024, Gordon H. Smith, 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, Smith directly owns 110,220.721 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company, suggesting confidence. However, it's a routine transaction.

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 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.

Industry Context

Director stock acquisitions are common in the real estate investment trust (REIT) industry, often used as part of compensation packages to align director interests with shareholder value.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence.

Key Dates