Form 4: Host Hotels & Resorts Director Receives Deferred Stock Units
SEC Form 4 Filing
Mary Hogan Preusse, a director at Host Hotels & Resorts, received deferred stock units in lieu of an annual stock award.
Summary
- On May 15, 2024, Mary Hogan Preusse, a director of Host Hotels & Resorts, Inc. (HST), was granted 9,740.2597 deferred stock units.
- These units were awarded in lieu of an annual stock award.
- Each deferred stock unit represents the right to receive one share of HST 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 this transaction, Ms. Preusse beneficially owns 69,898.7755 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The deferred stock units will be settled in shares of Host Hotels & Resorts common stock on a date selected by the reporting person.
Industry Context
This is a routine disclosure related to director compensation in the form of deferred stock units, a common practice among publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to director compensation and potential future dilution upon settlement of the deferred stock units.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Mary Hogan Preusse received deferred stock units. |
| 05/16/2024 | Date of report filing. |
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