Sunstone Hotel Investors (NYSE: SHO) grants 20,718 shares to GC
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Klein David M reported acquisition or exercise transactions in this Form 4 filing.
Sunstone Hotel Investors, Inc. reported that its General Counsel, David M. Klein, received a grant of 20,718 restricted shares of common stock on February 11, 2026 under the company’s 2022 Incentive Award Plan. These shares vest over three years. Following this award, he directly beneficially owns 246,874 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Klein David M
Role
GENERAL COUNSEL
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,718 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 246,874 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Sunstone Hotel Investors (SHO) disclose for David M. Klein?
Sunstone Hotel Investors disclosed that General Counsel David M. Klein received a grant of 20,718 restricted shares of common stock on February 11, 2026. The award was made under the company’s 2022 Incentive Award Plan and increased his directly held beneficial ownership to 246,874 shares.
Was the Sunstone Hotel Investors (SHO) Form 4 transaction a stock purchase or a grant?
The Form 4 reports a stock grant, not an open-market purchase. David M. Klein acquired 20,718 restricted shares of common stock at a stated price of $0.00 per share, reflecting an equity award under Sunstone’s 2022 Incentive Award Plan rather than a cash-funded share purchase.
What role does David M. Klein hold at Sunstone Hotel Investors (SHO)?
David M. Klein serves as General Counsel of Sunstone Hotel Investors, Inc. His position is identified in the Form 4, which also notes that he is an officer of the company but not a director or 10% owner, based on the filing’s relationship disclosures.