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Sunstone Hotel Investors, Inc. 8-K Filings

SHO NYSE

Every 8-K that Sunstone Hotel Investors, Inc. (SHO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow SHO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SHO filings page.

Rhea-AI Summary

Sunstone Hotel Investors, Inc. established a new equity distribution program under which it may issue and sell shares of common stock with an aggregate sale price of up to $300,000,000 through designated sales agents and in connection with forward sale arrangements.

The program allows at-the-market offerings on the New York Stock Exchange, negotiated transactions, block trades and forward sale contracts with multiple banks as forward purchasers. Net cash proceeds the company receives from share sales or settlements of any forward contracts will be contributed to Sunstone Hotel Partnership, LLC in exchange for additional membership units.

The company terminated its prior at-the-market program, which still had $300,000,000 of unsold capacity, and amended its Third Amended and Restated Credit Agreement to carve out forward sale transactions from the derivatives negative covenant, permitting use of these forward structures.

Rhea-AI Summary

Sunstone Hotel Investors, Inc. reported strong second‑quarter 2026 results and raised its full‑year outlook. Net income was $26.0 million versus $10.8 million a year earlier, with diluted EPS of $0.14. Total portfolio RevPAR rose to $263.61, up 9.3%, and Adjusted EBITDAre increased to $76.7 million. Adjusted FFO attributable to common stockholders was $59.0 million, or $0.32 per diluted share.

On July 30, 2026 the company sold the 821‑room Hyatt Regency San Francisco for $279 million and has allocated $70.1 million year‑to‑date to discounted repurchases of common and preferred stock, with $437.4 million remaining under its authorization. As of June 30, 2026, Sunstone had $203.7 million of cash and cash equivalents, total debt of $980.0 million and stockholders’ equity of $1.9 billion; adjusting for the Hyatt sale and credit‑facility repayment, cash was approximately $430.0 million and debt $955.0 million.

For 2026, management now expects net income of $79–$89 million, RevPAR growth of 7.0%–9.0%, Adjusted EBITDAre of $245–$255 million, and Adjusted FFO per diluted share of $0.93–$0.98. The board declared a quarterly common dividend of $0.09 per share, payable October 15, 2026.

Rhea-AI Summary

Sunstone Hotel Investors entered into a definitive agreement to sell the 821-room Hyatt Regency San Francisco to funds affiliated with Blackstone Real Estate for a gross sale price of $279 million, or about $340,000 per key. The company describes this as a normal property sale subject to customary closing conditions, with completion expected in late July or early August 2026. The related details are presented via a press release furnished as an exhibit and are not treated as filed financial statements.

Rhea-AI Summary

Sunstone Hotel Investors, Inc. furnished an updated investor presentation on its website on June 1, 2026, to use at conferences and meetings. The presentation is attached as Exhibit 99.1 to this report.

The investor presentation and related materials are furnished under Regulation FD, not filed, and are not incorporated by reference into other securities law filings.

Rhea-AI Summary

Sunstone Hotel Investors reported a strong first quarter of 2026, raised full‑year guidance, expanded buybacks, and announced the planned departure of its General Counsel. Net income rose to $18.6M from $5.3M, with net income attributable to common stockholders up to $16.0M and diluted EPS of $0.08, a 743.2% increase versus the prior year quarter.

Portfolio performance improved meaningfully: total RevPAR reached $255.04, up 14.6%, while Adjusted EBITDAre grew 18.3% to $67.7M. Adjusted FFO attributable to common stockholders increased to $50.1M, or $0.27 per diluted share, up 28.6%. As of March 31, 2026, the company held $166.7M in cash and cash equivalents (including restricted cash) against total debt of $955.0M and total assets of $3.0B.

Management raised 2026 guidance, now expecting net income of $34M–$48M and Adjusted EBITDAre of $238M–$252M, with RevPAR growth of 5.0%–7.5%. Since the start of 2026, Sunstone has repurchased $49.2M of common and preferred stock and still has $458.3M remaining under its authorization. The board declared a quarterly common dividend of $0.09 per share and the authorized preferred dividends, payable on July 15, 2026.

Separately, in connection with an executive team restructuring, the company will eliminate the General Counsel role. David Klein will leave his position as General Counsel and Secretary effective May 31, 2026 under a separation agreement that includes a cash payment of $1.5M less the value of 73,920 accelerated equity awards and up to 18 months of COBRA coverage. At the annual meeting, all director nominees were elected and stockholders approved the say‑on‑pay proposal and ratified the auditor.

Rhea-AI Summary

Sunstone Hotel Investors reported higher fourth-quarter 2025 results and modest full-year growth while returning significant capital to shareholders. Q4 net income was $7.2 million versus $0.8 million a year earlier, and revenue rose to $236.9 million. Total portfolio RevPAR increased 9.6% to $220.12, with occupancy improving to 69.0% and hotel Adjusted EBITDAre margin expanding to 24.6%.

For 2025, net income was $24.6 million, down from $43.3 million, but Adjusted EBITDAre edged up to $236.6 million and Adjusted FFO per diluted share grew to $0.86. The company returned over $170 million to common stockholders via dividends and buybacks, including $103.6 million of share repurchases, and ended the year with $185.7 million of cash and $930.0 million of debt.

Management highlighted the opening of Andaz Miami Beach, the $47.0 million sale of Hilton New Orleans St. Charles, and a new $1.35 billion amended credit facility that pushes debt maturities out to 2028 and beyond. For 2026, Sunstone guides to net income of $21–$46 million, RevPAR growth of 4.0%–7.0%, Adjusted EBITDAre of $225–$250 million, and Adjusted FFO per share of $0.81–$0.94. The board declared a $0.09 quarterly common dividend and reauthorized a stock repurchase program of up to $500 million, with nearly that full amount currently available.

Rhea-AI Summary

Sunstone Hotel Investors, Inc. (SHO) reported that its Board of Directors elected Michael Barnello, aged 60, as a new independent director, effective November 15, 2025. He will serve on the Board until the company’s 2026 annual meeting of stockholders and until a successor is elected and qualified. With his appointment, the Board now has nine members.

Barnello is a Founder and Managing Partner at Badlands Hotel Capital, a hospitality investment and asset management firm. He previously served as President and Chief Executive Officer of LaSalle Hotel Properties, a real estate investment trust that owned 41 upscale hotels totaling about 10,400 guest rooms across 11 markets in seven states and the District of Columbia. He holds a BS in Hotel Administration from Cornell University.

Rhea-AI Summary

Sunstone Hotel Investors (SHO) furnished an 8‑K announcing that it issued a press release with financial results for the third quarter ended September 30, 2025. The company also referenced supplemental financial information available on its website.

The press release and the supplemental materials were furnished as Exhibits 99.1 and 99.2 and, as stated, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or incorporated by reference.

Rhea-AI Summary

Sunstone Hotel Investors, Inc. entered into a Third Amended and Restated Credit Agreement providing a $500 million unsecured revolving credit facility and $850 million of unsecured term loans, for a total committed facility of $1.35 billion. The agreement is with a syndicate of lenders led by Wells Fargo Bank as administrative agent, and Sunstone Hotel Partnership, LLC is the borrower with certain subsidiaries guaranteeing the obligations.

The revolving credit facility matures on September 24, 2029, with the option to extend twice by six months each to September 24, 2030, subject to fees and customary conditions. The Company increased two existing term loans to $275 million each (Term 1 and Term 2) and added a new $300 million Term 3 Loan, maturing on January 24, 2029, 2030 and 2031, respectively, with specified extension options for Term 1 and Term 2. Interest is based on adjusted term SOFR plus a margin tied to the Company’s net indebtedness to EBITDA ratio, and the facility includes unused commitment fees and financial covenants, including a maximum leverage ratio of 6.50:1.00 and minimum coverage ratios.

Rhea-AI Summary

On August 6, 2025, Sunstone Hotel Investors, Inc. (NYSE: SHO) filed an 8-K to announce that it has released its financial results for the quarter ended June 30, 2025. The company distributed a press release (Exhibit 99.1) and posted supplemental financial information (Exhibit 99.2) on its investor-relations website at sunstonehotels.com, both of which are incorporated in the filing by reference.

The disclosure is furnished under Item 2.02 – Results of Operations and Financial Condition; therefore, it will not be deemed “filed” for liability purposes under Exchange Act §18 and will not be automatically incorporated into other SEC filings. No numerical performance metrics, guidance, or strategic commentary are included in the 8-K itself.

The filing also lists the company’s capital stock classes, confirms there are no emerging-growth company elections, and contains the customary signature block of CFO Aaron R. Reyes. Aside from providing access to the Q2 materials, the 8-K reports no other material events or transactions.