Tax withholding moves 9,149 SHO shares for Sunstone (SHO) general counsel
Rhea-AI Filing Summary
Sunstone Hotel Investors, Inc. reported that General Counsel David M. Klein had 9,149 shares of common stock withheld on February 15, 2026 to cover tax obligations from three restricted stock awards. The shares were valued using the $9.22 closing price on February 13, 2026. After this tax-withholding disposition, Klein directly owns 237,725 shares of Sunstone common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,149 shares
Net Sell
1 txn
Insider
Klein David M
Role
GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,149 | $9.22 | $84K |
Holdings After Transaction:
Common Stock — 237,725 shares (Direct)
Footnotes (1)
- F1. On February 15, 2026, Sunstone Hotel Investors, Inc. (the "Company") withheld 9,149 shares of the Company's common stock to satisfy tax withholding obligations underlying three awards of restricted stock previously granted to the Reporting Person. The closing price on February 13, 2026 (as February 15, 2026 fell on a weekend) of the Company's common stock on the New York Stock Exchange was $9.22 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Sunstone Hotel Investors (SHO) report for David M. Klein?
Sunstone reported that General Counsel David M. Klein had 9,149 common shares withheld to satisfy tax obligations from three restricted stock awards. This was a tax-withholding disposition rather than an open-market sale of shares.
What does transaction code F mean in David M. Klein’s SHO Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Sunstone withheld 9,149 shares of common stock to satisfy tax obligations from Klein’s restricted stock awards.