Director at Hudson Pacific (NYSE: HPP) awarded 7,462 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHOLEM BARRY A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 7,462 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 64,707 shares (Direct, null)
Footnotes (1)
- Award of restricted stock units will vest in three equal installments on the first, second and third anniversaries of the grant date. On December 2, 2025, the Company effected a one-for-seven reverse stock split of its Common Stock (the "Reverse Stock Split"). The number of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
Key Figures
RSU grant size: 7,462 shares
Shares owned after grant: 64,707 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
RSU grant size
7,462 shares
Restricted stock unit award on May 28, 2026
Shares owned after grant
64,707 shares
Total direct common stock holdings post-transaction
Grant price per share
$0.00 per share
Compensation award, not open-market purchase
Reverse stock split ratio
1-for-7
Reverse split of common stock on December 2, 2025
Key Terms
restricted stock units, reverse stock split, Common Stock
3 terms
restricted stock units financial
"Award of restricted stock units will vest in three equal installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
reverse stock split financial
"the Company effected a one-for-seven reverse stock split of its Common Stock"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Common Stock financial
"Common Stock, par value $0.01"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Hudson Pacific (HPP) report for Barry A. Sholem?
Hudson Pacific reported that director Barry A. Sholem received a grant of 7,462 restricted stock units on May 28, 2026. This is a compensation-related award, not an open-market purchase or sale, and increases his direct holdings in the company’s common stock.
How do the new restricted stock units for HPP’s director vest over time?
The 7,462 restricted stock units awarded to Hudson Pacific director Barry A. Sholem vest in three equal installments. Vesting occurs on the first, second and third anniversaries of the May 28, 2026 grant date, tying the award to continued service over several years.
Was the Hudson Pacific (HPP) director’s Form 4 transaction a stock purchase or sale?
The transaction was not a market purchase or sale. Instead, Barry A. Sholem received 7,462 restricted stock units as a grant, recorded with transaction code "A" for award or other acquisition, at a stated price of $0.00 per share as compensation.
How did Hudson Pacific’s reverse stock split affect the numbers in this Form 4?
Hudson Pacific completed a one-for-seven reverse stock split of its common stock on December 2, 2025. The Form 4 explicitly states that all share amounts, including the 7,462-unit grant and 64,707 shares owned after the transaction, have been adjusted to reflect this split.