Host Hotels & Resorts (NASDAQ: HST) director gets 3,713 dividend-equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BAGLIVO MARY reported acquisition or exercise transactions in this Form 4 filing.
Host Hotels & Resorts, Inc. director Mary Baglivo received a grant of 3,713.4891 dividend-equivalent deferred stock units tied to the company’s common stock. These rights accrued on her existing deferred stock units and will be settled in shares under the Non-Employee Directors' Deferred Stock Compensation Plan, bringing her directly held deferred units to 19,781.8758.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BAGLIVO MARY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units Div. Equiv. Rights | 3,713.489 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units Div. Equiv. Rights — 19,781.876 shares (Direct)
Footnotes (1)
- Each dividend equivalent right represents the right to receive one share of common stock of the Issuer. The dividend equivalent rights accrued on deferred stock units held by the reporting person and will be settled in shares of the Issuer's common stock on a date selected by the reporting person pursuant to the Issuer's Non-Employee Directors' Deferred Stock Compensation Plan (the "Plan").
Key Figures
Deferred stock units granted: 3,713.4891 units
Total deferred units after grant: 19,781.8758 units
Transaction price per unit: 0.0000
+1 more
4 metrics
Deferred stock units granted
3,713.4891 units
Dividend-equivalent deferred stock units credited to Mary Baglivo
Total deferred units after grant
19,781.8758 units
Director’s directly held deferred stock units following transaction
Transaction price per unit
0.0000
Reported price per dividend-equivalent deferred stock unit
Underlying common shares
3,713.4891 shares
Each dividend-equivalent right equals one common share
Key Terms
Deferred Stock Units, dividend equivalent right, Non-Employee Directors' Deferred Stock Compensation Plan
3 terms
Deferred Stock Units financial
"security titled "Deferred Stock Units Div. Equiv. Rights""
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend equivalent right financial
"Each dividend equivalent right represents the right to receive one share"
Non-Employee Directors' Deferred Stock Compensation Plan financial
"settled in shares of common stock pursuant to the Issuer's Non-Employee Directors' Deferred Stock Compensation Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HST director Mary Baglivo disclose?
Mary Baglivo disclosed receiving 3,713.4891 dividend-equivalent deferred stock units linked to Host Hotels & Resorts common stock. These units accrued on her existing deferred stock units and will ultimately be settled in shares under the company’s non-employee directors’ deferred stock compensation plan.
How many deferred stock units does HST director Mary Baglivo hold after this transaction?
Following the grant, Mary Baglivo directly holds 19,781.8758 deferred stock units. This total includes the newly accrued 3,713.4891 dividend-equivalent rights, each representing the right to receive one share of Host Hotels & Resorts common stock in the future.
What are the dividend-equivalent rights reported by HST director Mary Baglivo?
Each dividend-equivalent right represents the right to receive one share of Host Hotels & Resorts common stock. These rights accrued on deferred stock units she already held and mirror cash dividends by crediting additional stock-denominated units instead of paying cash.
Under which plan were Mary Baglivo’s HST deferred stock units credited?
The dividend-equivalent deferred stock units were credited under Host Hotels & Resorts’ Non-Employee Directors' Deferred Stock Compensation Plan. Units will be settled in shares of common stock on a date selected by Baglivo in accordance with the terms of this plan.
Does Mary Baglivo’s HST transaction represent a purchase or a grant of equity?
The transaction represents an equity award, not an open-market share purchase or sale. It is classified as a grant or other acquisition of derivative deferred stock units that accrued as dividend equivalents on her previously deferred stock compensation.