Form 4: Mary Hogan Preusse Reports Acquisition of Dividend Equivalent Rights in Host Hotels & Resorts, Inc.
SEC Form 4
Director Mary Hogan Preusse reports the acquisition of dividend equivalent rights convertible to common stock in Host Hotels & Resorts, Inc. on July 15, 2024.
Summary
- On July 15, 2024, Mary Hogan Preusse, a director of Host Hotels & Resorts, Inc. (HST), acquired dividend equivalent rights.
- These rights are associated with deferred stock units and will be settled in shares of HST common stock.
- The transaction involved 846.2681 dividend equivalent rights.
- Following the transaction, Preusse beneficially owns 8,423.3328 derivative securities.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a standard transaction related to director compensation. There is no indication of positive or negative implications for the company.
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 is a routine disclosure related to director compensation and holdings, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of transaction: Acquisition of dividend equivalent rights |
| 07/16/2024 | Date of report filing |
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