Form 4: Hudson Pacific Properties Director Barry A. Sholem Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Barry A. Sholem reports acquisition of 21,126 shares of Hudson Pacific Properties, Inc. common stock and disposal of 131,302 shares.
Summary
- On May 15, 2024, Barry A. Sholem, a director of Hudson Pacific Properties, Inc., reported changes in beneficial ownership of the company's common stock.
- Sholem acquired 21,126 shares of common stock.
- Sholem disposed of 131,302 shares of common stock.
- Following the reported transactions, Sholem beneficially owns 131,302 shares of Hudson Pacific Properties, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. The acquisition and disposal of shares don't inherently indicate positive or negative sentiment without further context.
Future Outlook
The award of restricted stock units will vest in three equal installments on the first, second and third anniversaries of the date of grant.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Acquisition of 21,126 shares and disposal of 131,302 shares of common stock. |
| 05/17/2024 | Date of signature by Attorney-in-Fact. |
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