Hudson Pacific (HPP) Form 3 — Director Declares No Securities Owned
Rhea-AI Filing Summary
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.
Positive
- Disclosure made: Form 3 filed identifying the reporting person and relationship to issuer
- Explicit statement: no securities are beneficially owned, removing ambiguity about holdings
- Single filer status clearly indicated (Form filed by one reporting person)
Negative
- None.
Insights
TL;DR: Director T. R. Ferguson submitted an initial Section 16 filing declaring no beneficial ownership in HPP.
The filing is a routine Form 3 disclosing the initial beneficial ownership status of a director. It explicitly states that the reporting person beneficially owns no securities of Hudson Pacific Properties, Inc., and the filing was made by a single reporting person. From a governance perspective, the document provides record-level transparency required under Section 16(a) but contains no transactions, holdings, or derivative positions to analyze for conflicts or insider trading considerations.
TL;DR: Compliance disclosure completed; Form 3 shows absence of reportable holdings rather than reportable transactions.
The Form 3 fulfills the initial reporting obligation by identifying the reporting person, relationship to the issuer (Director), and the fact that there are no beneficially owned securities to report in Table I or II. There are no entries for non-derivative or derivative securities and no amendments. The signature is provided by an attorney-in-fact on behalf of the reporting person, consistent with permitted filing practices.