Form 4: Host Hotels & Resorts SVP Joseph Ottinger Reports Stock Disposal
SEC Form 4
Joseph Ottinger, SVP & Corporate Controller of Host Hotels & Resorts, reports the disposal of 1,336 shares of common stock to cover tax obligations.
Summary
- On February 10, 2025, Joseph Ottinger, SVP & Corporate Controller of Host Hotels & Resorts, disposed of 1,336 shares of common stock.
- The transaction was a disposal (D) at a price of $16.55 per share.
- Following the transaction, Ottinger beneficially owns 30,861 shares of Host Hotels & Resorts common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of an insider transaction and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. It's common for executives to sell shares to cover tax obligations related to stock awards or option exercises.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small transaction by an individual officer.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock disposal transaction |
| 02/12/2025 | Date of signature on the Form 4 filing |
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