Form 4: Mary Hogan Preusse Reports Acquisition of Dividend Equivalent Rights in Host Hotels & Resorts

Director Mary Hogan Preusse reports the acquisition of dividend equivalent rights convertible to common stock in Host Hotels & Resorts.

Summary

• On April 15, 2024, Mary Hogan Preusse, a director of Host Hotels & Resorts, acquired dividend equivalent rights that are convertible into 685.236 shares of common stock.
• These rights accrued on 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 this transaction, Preusse directly owns 7,577.0647 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and aligns director interests with shareholders.

Future Outlook

The dividend equivalent rights 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.

Industry Context

This filing reflects standard compensation practices for non-employee directors, utilizing deferred stock units and dividend equivalent rights to align director interests with shareholder value.

Stakeholder Impact

• The transaction aligns the director's interests with those of the shareholders through equity-based compensation.

Key Dates