Form 4: Sunstone Hotel Investors Executive Robert Springer Reports Stock Disposal
SEC Form 4 Filing
Robert Springer, President and CIO of Sunstone Hotel Investors, disposed of 3,369 shares of common stock to cover tax obligations.
Summary
- On March 7, 2024, Robert C. Springer, President and CIO of Sunstone Hotel Investors, Inc. disposed of 3,369 shares of common stock.
- The transaction was executed at a price of $11.21 per share.
- Following the transaction, Springer directly owns 537,669 shares of Sunstone Hotel Investors, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives, which is important for investors to monitor.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Robert Springer disposed of shares. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.