Form 4: Host Hotels & Resorts Director Acquires Dividend Equivalent Rights

Director Gordon H. Smith acquired dividend equivalent rights convertible to 2,082.1621 shares of Host Hotels & Resorts common stock on April 15, 2025.

Summary

• On April 15, 2025, Gordon H. Smith, a director of Host Hotels & Resorts, acquired 2,082.1621 dividend equivalent rights.
• These rights are associated with 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 the transaction, Smith directly owns 33,344.3605 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine director compensation and equity ownership, indicating alignment of interests between management and shareholders.

Future Outlook

The dividend equivalent rights will be settled in shares of Host Hotels & Resorts common stock at a future date selected by the reporting person, according to the terms of the Non-Employee Directors' Deferred Stock Compensation Plan.

Industry Context

This filing is a routine disclosure related to director compensation and equity ownership, common in the real estate investment trust (REIT) sector where equity-based compensation is frequently used.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders through equity ownership.

Key Dates

Keywords

dividend equivalent rights, Form 4, Host Hotels & Resorts, HST, director, Gordon H. Smith, deferred stock units, Non-Employee Directors' Deferred Stock Compensation Plan, beneficial ownership