Form 4: Hudson Pacific Properties CEO Victor Coleman Sells Shares

Victor Coleman, CEO of Hudson Pacific Properties, recently sold shares of the company's common stock at prices of $5.21 and $5.13.

Summary

• Victor Coleman, the CEO of Hudson Pacific Properties, executed transactions involving the company's common stock on May 22, 2024.
• He sold 57,054 shares at $5.21 per share and 42,946 shares at $5.13 per share.
• Following these transactions, Coleman directly owns 387,451 shares.
• Additionally, 131,241 shares are held indirectly through the Coleman 2012 Gift Trust.
• The shares held in the trust are for the benefit of Coleman's children.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by the CEO. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may react to the CEO's stock sale, potentially influencing the stock price.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely minimal.

Key Dates