Howard Hughes Holdings Inc. SEC Filings

Howard Hughes Holdings Inc. reported solid Q3 2025 results. Total revenues were $390.2 million and net income was $119.4 million, driven by Master Planned Communities land sales of $248.5 million, rental revenue of $111.4 million, and builder price participation of $16.0 million. Diluted EPS was $2.02.

Liquidity strengthened meaningfully: cash and cash equivalents were $1.46 billion (restricted cash $516.9 million), while mortgages, notes, and loans payable, net, totaled $5.29 billion. The company issued 9,000,000 new shares at $100 each ($900 million aggregate) to Pershing Square, which beneficially owned 46.9% of outstanding shares as of quarter-end. Advisory fees to Pershing Square were $7.1 million in the quarter.

Year to date, operating cash flow was $102.1 million; investing used $162.1 million; financing provided $1.04 billion (including $862.8 million net equity proceeds). The balance sheet shows $3.77 billion in stockholders’ equity and 59,387,488 shares outstanding at September 30, 2025.

Howard Hughes Holdings Inc. (HHH) furnished a press release announcing its financial results for the third quarter ended September 30, 2025, under Item 2.02 of Form 8-K. The company also furnished supplemental information for the same period under Item 7.01.

Both documents are attached as Exhibits 99.1 and 99.2 and have been posted on the company’s website at www.howardhughes.com under the Investors tab. The materials are furnished, not filed, under the Exchange Act.

Howard Hughes Holdings Inc. (HHH) reported an insider equity award. Director Thom Lachman received 2,464 restricted shares of common stock on 10/24/2025 at a $0 grant price under the company’s 2025 Equity Incentive Plan.

The award vests on the earlier of one year from grant or the day of the company’s 2026 annual meeting of stockholders, but not less than 50 weeks. Following this grant, the filing lists 2,464 shares beneficially owned, held directly.

Howard Hughes Holdings Inc. (HHH) reported a director equity award on Form 4. On 10/24/2025, director Susan Panuccio received 2,464 shares of common stock as a restricted stock grant at $0 per share, bringing reported beneficial ownership to 2,464 shares held directly.

The award was granted under the company’s 2025 Equity Incentive Plan and vests on the earlier of one year from the grant date or the day of the 2026 annual stockholders’ meeting, but not less than 50 weeks.

Howard Hughes Holdings Inc. (HHH) reported an insider update: director Thom Lachman filed an initial Form 3 indicating no securities are beneficially owned as of 09/30/2025. This is a routine disclosure that establishes his reporting status as a director under Section 16.

Howard Hughes Holdings Inc. filed a Form S-8 to register securities for issuance under its 2025 Equity Incentive Plan. The filing is administrative in nature and enables the company to issue awards pursuant to the plan after the registration becomes effective.

The company identifies as a large accelerated filer and incorporates its Exchange Act reports by reference. Exhibits include the 2025 Equity Incentive Plan (incorporated by reference), a legal opinion from Morgan, Lewis & Bockius LLP, auditor consent from KPMG LLP, a power of attorney, and a filing fee table.

Howard Hughes Holdings Inc. (HHH) filed a Form 3 for director Susan Panuccio, establishing her status as a reporting insider as of 09/30/2025. The filing states that no securities are beneficially owned at this time. The document was executed by attorney-in-fact Nathan Bryce under a Power of Attorney.

Director Anthony Williams sold 1,100 shares of Howard Hughes Holdings Inc. (HHH) on 09/26/2025 at a reported price of $79.58 per share. After the sale his reported beneficial ownership decreased to 8,102 shares. The Form 4 was signed by an attorney-in-fact on 10/07/2025 and lists Mr. Williams as a director filing individually.

Howard Hughes Holdings, Inc. disclosed results from its annual meeting including shareholder votes on board elections, executive compensation and auditor ratification. Directors named in the report received majority support, with individual director vote totals listed; an advisory vote to approve named executive officer compensation passed with 23,394,881 votes for and 566,168 against. Shareholders ratified the appointment of KPMG LLP as the company’s independent registered public accounting firm for fiscal 2025 by a vote of 27,617,230 for and 83,030 against. The filing includes the interactive XBRL cover page and is signed by General Counsel Joseph Valane.