Form 4: Host Hotels & Resorts Executive Nathan Tyrrell Reports Stock Award Vesting and Tax Withholding

EVP and Chief Investment Officer of Host Hotels & Resorts, Nathan Tyrrell, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On February 18, 2025, Nathan S. Tyrrell, EVP and Chief Investment Officer of Host Hotels & Resorts, reported the vesting of restricted stock units into 127,293 shares of common stock.
• These shares vested because performance goals related to the Issuer's relative total stockholder return and Adjusted EBITDAre targets were met.
• Simultaneously, 63,775 shares were withheld to cover tax obligations at a price of $17.05 per share.
• Following these transactions, Tyrrell directly owns 680,881 shares of Host Hotels & Resorts common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The vesting of shares indicates the achievement of performance goals, which is a positive signal. The tax withholding is a standard procedure.

Positives

• The vesting of restricted stock units indicates that performance goals related to stockholder return and Adjusted EBITDAre were achieved, which is a positive sign for the company's performance.

Future Outlook

No specific forward-looking statements are included in this document.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the real estate investment trust (REIT) sector. It reflects the alignment of executive incentives with company performance, particularly in relation to total stockholder return and operational metrics like Adjusted EBITDAre.

Comparison to Industry Standards

• Stock-based compensation is a common practice among publicly traded companies, including those in the REIT sector like Host Hotels & Resorts.
• Performance-based vesting of restricted stock units is also a standard practice to incentivize executives to achieve specific financial and strategic goals.
• Companies like Park Hotels & Resorts (PK) and Pebblebrook Hotel Trust (PEB) also utilize similar compensation structures to align executive compensation with shareholder value.

Stakeholder Impact

• The vesting of restricted stock units and achievement of performance goals can positively impact shareholder confidence.
• Executive compensation structures can influence employee morale and motivation.

Key Dates

Keywords

Form 4, Host Hotels & Resorts, HST, Nathan Tyrrell, Stock Vesting, Restricted Stock Units, EBITDAre, Tax Withholding, Beneficial Ownership