Howard Hughes (NYSE: HHH) Nevada president awarded new restricted stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Howard Hughes Holdings Inc. reported new equity awards to President, Nevada Jose Miguel Bustamante. On February 3, 2026 he received 3,123 shares of time-based restricted stock and 3,123 shares of performance-based restricted stock at a price of $0 per share under the 2025 Equity Incentive Plan.
The time-based award vests in three equal parts on February 3, 2027, December 31, 2027 and December 31, 2028. The performance-based award cliff vests, if at all, on December 31, 2028 based on specified performance metrics. Following these grants, he directly beneficially owns 13,516 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bustamante Jose Miguel
Role
President, Nevada
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, $0.01 par value per share | 3,123 | $0.00 | -- |
| Grant/Award | Common stock, $0.01 par value per share | 3,123 | $0.00 | -- |
Holdings After Transaction:
Common stock, $0.01 par value per share — 10,393 shares (Direct)
Footnotes (1)
- Represents shares of time-based restricted stock granted on February 3, 2026 under the Issuer's 2025 Equity Incentive Plan, with one-third (1/3) of the total number of shares granted vesting on the following dates: February 3, 2027, December 31, 2027 and December 31, 2028. Represents shares of performance-based restricted stock granted on February 3, 2026 under the Issuer's 2025 Equity Incentive Plan, which cliff vest, if at all, on December 31, 2028 based upon achievement of certain performance metrics.
FAQ
What insider transaction did Jose Miguel Bustamante report at Howard Hughes (HHH)?
Jose Miguel Bustamante reported receiving two equity awards totaling 6,246 shares. He was granted 3,123 time-based restricted shares and 3,123 performance-based restricted shares of Howard Hughes common stock at $0 per share under the company’s 2025 Equity Incentive Plan on February 3, 2026.
How do the new restricted stock awards for HHH’s Nevada president vest?
The time-based restricted stock vests in three equal installments over nearly two years. One-third vests on February 3, 2027, another third on December 31, 2027, and the final third on December 31, 2028, incentivizing continued service through those specific dates.
What role does Jose Miguel Bustamante hold at Howard Hughes Holdings Inc. (HHH)?
Jose Miguel Bustamante serves as an officer of Howard Hughes Holdings Inc., with the title President, Nevada. His position and responsibilities are recognized in the insider filing, which discloses his newly granted restricted stock awards and resulting direct beneficial ownership in the company.