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Hudson Pacific Properties, Inc. reported that its Chief Operating Officer, Andrew Wattula, resigned effective June 18, 2026. Wattula joined the company in 2017 and became COO in 2021. The company states his decision is not related to any financial or accounting issues or disagreements over operations, policies, or practices.
The duties and responsibilities previously handled by Wattula have been reassigned to existing executive officers and other management personnel while the company considers whether to backfill the COO role.
BORTZ JON E reported acquisition or exercise transactions in this Form 4 filing.
Hudson Pacific Properties director Jon E. Bortz received an equity award of 7,462 shares of common stock, reported as a grant with no cash price per share. Following this award, he directly holds 10,394 shares. The grant will vest in three equal installments on the first, second and third anniversaries of the grant date, meaning the shares become fully owned over a three-year period.
SHOLEM BARRY A reported acquisition or exercise transactions in this Form 4 filing.
Hudson Pacific Properties director Barry A. Sholem received an equity grant of 7,462 shares on May 28, 2026. The award is in the form of restricted stock units that will vest in three equal installments on the first, second and third anniversaries of the grant date. After this grant, Sholem directly holds 64,707 shares of the company’s common stock. The share amounts already reflect a one-for-seven reverse stock split the company completed on December 2, 2025.
FERGUSON T RITSON reported acquisition or exercise transactions in this Form 4 filing.
Hudson Pacific Properties, Inc. director T. Ritson Ferguson reported an equity award of 7,462 shares of common stock on May 28, 2026. The award is in the form of restricted stock units that will vest in three equal installments on the first, second and third anniversaries of the grant date. After this grant, Ferguson directly holds 26,459 shares of the company’s common stock.
ANTENUCCI TED R reported acquisition or exercise transactions in this Form 4 filing.
Hudson Pacific Properties director Ted R. Antenucci received an equity award of 7,462 shares of common stock on May 28, 2026. The shares were granted at no cash cost as a compensation-related grant or award. Following this transaction, he directly holds 43,870 shares of common stock.
According to the footnotes, the award consists of restricted stock units that vest in three equal installments on the first, second, and third anniversaries of the grant date. The reported share amounts have been adjusted to reflect a one-for-seven reverse stock split of the company’s common stock that occurred on December 2, 2025.
HARRIS ROBERT L II reported acquisition or exercise transactions in this Form 4 filing.
Hudson Pacific Properties director Robert L. Harris II received a grant of 7,462 shares of common stock as an equity award. The award is structured as restricted stock units that will vest in three equal installments on the first, second and third anniversaries of the grant date. Following this grant, Harris directly holds 32,416 shares of Hudson Pacific Properties common stock. The share amounts reported reflect a previously effected one-for-seven reverse stock split of the company’s common stock.
Hudson Pacific Properties reported the results of its annual stockholder meeting held on May 28, 2026. All seven nominated directors were elected to serve until the next annual meeting in 2027, with each nominee receiving over 39.9 million votes in favor and 4,953,965 broker non-votes recorded for each director.
Stockholders also approved the ratification of Ernst & Young LLP as independent registered public accounting firm for the 2026 fiscal year, with 47,411,514.68 votes in favor. An advisory resolution approving the company’s executive compensation passed with 41,108,058.91 votes for, 2,103,252.00 against, 40,124.77 abstentions, and 4,953,965.00 broker non-votes.
Hudson Pacific Properties, Inc. Schedule 13G filing reports that Philosophy Capital Management LLC and Jacob Rubin beneficially own 3,688,281 shares of Common Stock, representing 6.8% of the class.
The ownership percentage is calculated using 54,242,024 shares outstanding as of May 1, 2026, per the issuer's Form 10-Q for the quarter ended March 31, 2026. The filing shows shared voting and dispositive power of 3,688,281 shares between Philosophy and Mr. Rubin and includes an agreement regarding joint filing.
HUDSON PACIFIC PROPERTIES ownership disclosure: T. Rowe Price Investment Management, Inc. reports beneficial ownership of 2,826,598 shares of the REIT class, representing 5.2% of the class as stated in the filing with an as-of date of 03/31/2026. The filer also states it denies beneficial ownership in the filing; the form is signed by a Vice President on 05/15/2026.
Hudson Pacific Properties, a REIT focused on office and studio assets in North America and the U.K., reported a Q1 2026 net loss of $50.9 million, improving from a $80.3 million loss a year earlier as prior-year impairments and sale-related items did not recur.
Total revenues were $181.9 million, down from $198.5 million, with office revenues declining while studio revenues held roughly flat. Net loss attributable to common stockholders was $53.1 million, or $(0.82) per diluted share, compared with $(3.70) per share in Q1 2025.
Operating cash flow strengthened to $44.3 million from $30.5 million, while total debt stood at about $3.37 billion and the company remained in compliance with all key leverage and coverage covenants. The consolidated portfolio comprised 52 properties totaling 18.8 million square feet, primarily office and studio space.