Host Hotels & Resorts (HST) SVP stock award vests with tax share disposal
Rhea-AI Filing Summary
Host Hotels & Resorts, Inc. senior vice president and corporate controller Joseph Ottinger reported performance-based equity vesting and related share withholding. On February 17, 2026, he acquired 11,930 shares of common stock at no cost from the vesting of previously granted restricted stock units tied to relative total stockholder return and Adjusted EBITDAre goals. On the same date, 5,946 shares were disposed of at $20.01 per share to satisfy tax liabilities through a tax-withholding disposition. After these transactions, he directly owned 44,707 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,984 shares
Net Buy
2 txns
Insider
OTTINGER JOSEPH
Role
SVP & Corp. Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,930 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,946 | $20.01 | $119K |
Holdings After Transaction:
Common Stock — 44,707 shares (Direct)
Footnotes (1)
- F1. On February 17, 2026, it was determined that a portion of the performance goals for previously granted restricted stock units had been met, resulting in the vesting of these shares in the form of common stock on February 17, 2026. The underlying award of restricted stock units was made on February 8, 2023 and the performance goals were based on the Issuer's relative total stockholder return as compared to the NAREIT Lodging and Resort Index and the Issuer's performance against certain Adjusted EBITDAre targets.
FAQ
What insider transactions did HST executive Joseph Ottinger report?
Joseph Ottinger reported a performance-based stock award vesting and related tax withholding. He acquired 11,930 common shares at no cost, then 5,946 shares were disposed at $20.01 per share to cover tax obligations, leaving him with 44,707 directly owned shares.
What performance metrics triggered the HST restricted stock unit vesting?
The vesting was based on Host Hotels & Resorts’ relative total stockholder return versus the NAREIT Lodging and Resort Index and performance against specific Adjusted EBITDAre targets. Meeting a portion of these performance goals led to the February 17, 2026 vesting event.
When were the vested HST restricted stock units originally granted?
The underlying restricted stock units were granted on February 8, 2023. Their vesting on February 17, 2026 followed determination that a portion of the performance conditions tied to relative total stockholder return and Adjusted EBITDAre targets had been achieved.
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