Hudson Pac Pptys Inc SEC Filings

Hudson Pacific Properties, Inc. director Jon E. Bortz filed an initial ownership report on Form 3. The filing states that, as of the event date of 12/02/2025, he does not beneficially own any Hudson Pacific Properties, Inc. securities. The form is filed as an individual reporting person and confirms his role as a director of the company.

Hudson Pacific Properties, Inc. announced that longtime director Jonathan Glaser resigned from its board of directors on December 2, 2025 after 15 years of service, citing a desire to focus on other professional commitments and expressing no disagreement with the company. The board promptly appointed Jon Bortz as his successor, effective the same day.

Bortz will also join the board’s Audit and Compensation Committees, filling the roles previously held by Glaser. He will receive compensation under the company’s Non-Employee Director Compensation Plan and is expected to enter into the company’s standard indemnification agreement for non-employee directors. Bortz brings extensive real estate and REIT leadership experience as Founder, Chairman and CEO of Pebblebrook Hotel Trust and from prior senior roles at LaSalle Hotel Properties and Jones Lang LaSalle.

Hudson Pacific Properties (HPP) reported Q3 2025 results, showing total revenues of $186.6 million and a net loss attributable to common stockholders of $136.5 million, or $0.30 per share. Office revenues were $154.6 million and studio revenues were $32.0 million. Operating expenses were $211.8 million, including $94.1 million of depreciation and amortization.

Balance sheet and cash flows shifted meaningfully: unsecured and secured debt, net, declined to $3.56 billion from $4.18 billion at December 31, 2024, while cash and cash equivalents rose to $190.4 million from $63.3 million. The company recorded a $77.9 million loss on deconsolidation related to Sunset Glenoaks Studios and recognized $10.0 million of gains on real estate sales year-to-date. Year-to-date net cash provided by operating activities was $61.7 million, supported by a $523.4 million common stock issuance and $138.5 million of pre-funded warrants. Common shares outstanding were 379,433,295 as of September 30, 2025; shares outstanding were 379,497,228 as of November 6, 2025.

Hudson Pacific Properties (HPP) furnished materials on its third‑quarter results for the period ended September 30, 2025. The company provided a press release and supplemental operating and financial data as Exhibits 99.1 and 99.2, respectively.

The information was furnished under Items 2.02 and 7.01 and is not deemed “filed” or incorporated by reference under the Securities Act or Exchange Act. The supplemental information was also made available on the company’s website.

BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 33,109,295 shares of Hudson Pacific Properties, Inc. common stock, representing 8.7% of the class as of 09/30/2025.

BlackRock reports sole voting power over 30,760,317 shares and sole dispositive power over 33,109,295 shares, with no shared voting or dispositive power. The filer is classified as HC (holding company) and indicates the securities were acquired and are held in the ordinary course of business, not to change or influence control.

The disclosure notes that various persons have rights to dividends or sale proceeds tied to these shares, and that no single person’s interest exceeds five percent of Hudson Pacific’s total outstanding common shares.

Hudson Pacific Properties is reported to be 10.14% owned by The Vanguard Group, which beneficially holds 38,453,976 shares of common stock. Vanguard reports 35,691,884 shares of sole dispositive power and 2,365,830 shares of shared voting power, with no sole voting power. The filing states these shares are held in the ordinary course of business and not to influence control of the issuer. The Schedule 13G/A identifies Vanguard as an investment adviser-type filer (type IA) and discloses that clients of Vanguard may have the right to receive dividends or sale proceeds while no single client holds more than 5%.

Hudson Pacific Properties' operating partnership entered into a Fifth Modification Agreement to its credit agreement on September 10, 2025, creating an Extended Revolving Facility with $462,000,000 of new commitments and increasing total unsecured revolving commitments to $795,250,000. The Amendment sets the maturity date of the Extended Revolving Commitments at December 31, 2028 with two six-month extension options subject to conditions. It also revises several financial maintenance covenants: it modifies the minimum ratio of adjusted EBITDA to fixed charges for quarters ending on or after June 30, 2025; it temporarily reduces the minimum ratio of unencumbered net operating income to unsecured interest expense for quarters ending on or prior to December 31, 2026; and it adds a minimum liquidity covenant requiring at least $125,000,000 of unrestricted cash, cash equivalents and unused revolving commitments at quarter end if aggregate revolver commitments exceed $600,000,000. The filing attaches the Amendment as Exhibit 10.1.

Hudson Pacific Properties insider award recorded. Director T. Ritson Ferguson was reported as acquiring 20,979 shares of Hudson Pacific Properties, Inc. (HPP) on 09/11/2025 through an award of restricted stock units reflected at a $0 price. The Form 4 shows those shares are held directly and the reporting line indicates 20,979 shares beneficially owned following the transaction.

The filing includes an explanatory note that the restricted stock units will vest in three equal installments on the first, second and third anniversaries of May 20, 2025. The Form 4 was signed by an attorney-in-fact, Kay L. Tidwell, on 09/15/2025.

Hudson Pacific Properties director T. Ritson Ferguson filed an Initial Statement of Beneficial Ownership (Form 3) for issuer Hudson Pacific Properties, Inc. (HPP). The filing, dated 09/11/2025 for the event and signed 09/15/2025, states that no securities are beneficially owned by the reporting person. The Form 3 was filed by one reporting person and identifies the filer as a Director.