Form 4: Sunstone Hotel Investors CFO Reports Stock Transaction to Cover Tax Obligations
SEC Form 4 Filing
Aaron Robert Reyes, CFO of Sunstone Hotel Investors, reports the withholding of 13,105 common stock shares to cover tax obligations related to previously granted restricted stock awards.
Summary
- On February 15, 2025, Aaron Robert Reyes, the CFO of Sunstone Hotel Investors, Inc., reported a transaction involving the company's common stock.
- The transaction involved the withholding of 13,105 shares of common stock to satisfy tax withholding obligations related to three previously granted restricted stock awards.
- The price of the company's common stock on February 14, 2025 (the last trading day before the transaction) was $11.20 per share.
- Following the reported transaction, Reyes directly owns 100,566 shares of Sunstone Hotel Investors, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations on stock awards, not indicative of positive or negative sentiment towards the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax obligation fulfillment related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Closing price of Sunstone Hotel Investors common stock was $11.20 per share. |
| 02/15/2025 | Date of the stock transaction where 13,105 shares were withheld for tax obligations. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Sunstone Hotel Investors, Aaron Robert Reyes, CFO, Form 4, Stock Transaction, Tax Withholding, Restricted Stock, SHO
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