[Form 4] Howard Hughes Holdings Inc. Insider Trading Activity

Rhea-AI Filing Summary

Howard Hughes Holdings Inc. (HHH) – Form 4 insider activity

Director Anthony Williams reported the grant of 2,094 restricted shares of common stock on 20 June 2025. The award was issued at no cost under the company’s 2020 Equity Incentive Plan and will vest on the earlier of the 2026 annual shareholders’ meeting or 1 June 2026. After the transaction, Williams’ beneficial ownership increased to 9,202 shares, up from an estimated 7,108 shares. No derivative securities were involved, and the filing contains no open-market purchases or sales.

This appears to be a routine, non-cash compensation grant to a non-employee director and is unlikely to have a material impact on Howard Hughes Holdings’ share count, earnings, or governance profile.

Insights

Financial Analyst

TL;DR: Routine director stock grant; minimal financial impact; neutral signal.

The Form 4 shows Anthony Williams receiving 2,094 restricted shares, taking his holdings to 9,202 shares. Because the award is part of standard board compensation, involves no cash outlay, and represents an immaterial fraction of HHH’s outstanding shares, the disclosure is neutral for valuation and liquidity considerations. No derivatives, sales, or 10b5-1 plan usage were disclosed, indicating no immediate insider buying or selling sentiment. Overall, the filing does not alter the investment thesis for HHH.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Williams Anthony

(Last) (First) (Middle)

9950 WOODLOCH FOREST DRIVE

SUITE 1100

(Street)

THE WOODLANDS TX 77380

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Howard Hughes Holdings Inc. [ HHH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock, $0.01 par value	06/20/2025		A		2,094(1)	A	$0	9,202	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock granted to non-employee directors pursuant to the Issuer's 2020 Equity Incentive Plan. The shares vest on the earlier of the 2026 annual meeting of stockholders of Howard Hughes Holdings Inc. or June 1, 2026.

	/s/ Nathan Bryce (Attorney-in-Fact for Anthony Williams)	06/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Howard Hughes (HHH) shares did Director Anthony Williams receive?

The Form 4 shows a grant of 2,094 restricted shares on 20 June 2025.

What is the vesting schedule for the 2,094 restricted shares granted to Anthony Williams?

The shares vest on the earlier of the 2026 annual meeting or 1 June 2026.

What is Anthony Williams’ total beneficial ownership after the transaction?

Following the grant, he beneficially owns 9,202 HHH common shares.

Was any cash paid for the shares reported in this Form 4?

No. The shares were issued at a price of $0 as part of an equity incentive plan.

When was the Form 4 for Howard Hughes Holdings (HHH) filed?

The filing was signed and dated on 25 June 2025.