Hudson Pacific Properties (NYSE: HPP) director receives 7,462-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FERGUSON T RITSON
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 — 26,459 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award size: 7,462 shares
Transaction price: $0.00 per share
Post-transaction holdings: 26,459 shares
+1 more
4 metrics
Equity award size
7,462 shares
Grant of common stock on May 28, 2026
Transaction price
$0.00 per share
Grant, award, or other acquisition code A
Post-transaction holdings
26,459 shares
Total shares following transaction, direct ownership
Vesting schedule
Three equal annual installments
First, second and third anniversaries of grant date
Key Terms
restricted stock units, Grant, award, or other acquisition, Common Stock, par value $0.01
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.
Grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
Common Stock, par value $0.01 financial
"security_title: Common Stock, par value $0.01"
FAQ
What insider transaction did Hudson Pacific Properties (HPP) report for T. Ritson Ferguson?
Hudson Pacific Properties reported that director T. Ritson Ferguson received an equity grant of 7,462 shares of common stock. The grant was coded as a grant, award, or other acquisition and carried a per-share transaction price of $0.00, indicating a compensation-related award.
What is the vesting schedule for T. Ritson Ferguson’s Hudson Pacific Properties (HPP) restricted stock units?
The restricted stock units awarded to T. Ritson Ferguson vest in three equal installments on the first, second and third anniversaries of the grant date. This time-based vesting aligns the director’s compensation with continued service and the company’s longer-term performance over several years.
What are T. Ritson Ferguson’s total Hudson Pacific Properties (HPP) holdings after this grant?
Following the reported grant, T. Ritson Ferguson directly holds 26,459 shares of Hudson Pacific Properties common stock. This figure represents his direct ownership position after the 7,462-share award and is reported as total shares beneficially owned after the transaction.
Was T. Ritson Ferguson’s Hudson Pacific Properties (HPP) transaction a market purchase or a compensation award?
The transaction was a compensation-related award, not a market purchase. It is coded as a grant, award, or other acquisition with a price of $0.00 per share and described as an award of restricted stock units subject to a multi-year vesting schedule.