Form 4: Howard Hughes Holdings Executive James Carman Reports Stock Transaction

James Carman, President of the Houston Region at Howard Hughes Holdings, reported a transaction involving the withholding of shares to cover tax obligations.

Summary

• James Carman, President of the Houston Region at Howard Hughes Holdings, filed a Form 4 detailing a transaction on December 31, 2024.
• The transaction involved the withholding of 467 shares of common stock by the issuer to cover tax obligations related to the vesting of restricted stock.
• The price per share for the transaction was $76.92.
• Following the transaction, Carman directly owns 10,451 shares of Howard Hughes Holdings stock.
• The reported amount also reflects the conversion of unvested restricted stock held prior to the Seaport Entertainment Group Inc. separation on July 31, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC.
• The transaction is typical for executives receiving stock-based compensation, where shares are often withheld to cover tax obligations.
• Similar transactions are regularly reported by executives at comparable companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for executive compensation.

Key Dates

Keywords

Form 4, Howard Hughes Holdings, James Carman, stock transaction, insider trading, restricted stock, tax withholding