[Form 4] Sunstone Hotel Investors, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Sunstone Hotel Investors, Inc. (SHO) reported an equity award to one of its directors. On November 21, 2025, the company granted and vested 5,713 restricted shares of common stock to the reporting person under its 2022 Incentive Award Plan. After this grant, the director beneficially owns 40,483 shares of Sunstone common stock in direct ownership. This filing is a Form 4, which discloses changes in insider ownership.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BARNELLO MICHAEL D

(Last) (First) (Middle)

15 ENTERPRISE

SUITE 200

(Street)

ALISO VIEJO CA 92656

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Sunstone Hotel Investors, Inc. [ SHO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/21/2025		A		5,713	A	(1)	40,483	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On November 21, 2025, Sunstone Hotel Investors, Inc. granted and vested 5,713 restricted shares of common stock to the Reporting Person pursuant to its 2022 Incentive Award Plan.

	/s/ Michael D. Barnello	11/24/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Sunstone Hotel Investors (SHO) report in this Form 4?

Sunstone Hotel Investors, Inc. reported that a director received 5,713 restricted shares of common stock on November 21, 2025 under the company’s 2022 Incentive Award Plan.

How many Sunstone Hotel Investors (SHO) shares does the director own after this transaction?

Following the reported grant and vesting, the director beneficially owns 40,483 shares of Sunstone Hotel Investors, Inc. common stock, held in direct ownership.

What was the nature of the shares granted to the Sunstone (SHO) director?

The director received restricted shares of common stock, specifically 5,713 restricted shares, granted and vested pursuant to Sunstone’s 2022 Incentive Award Plan.

What is the relationship of the reporting person to Sunstone Hotel Investors (SHO)?

The reporting person is a director of Sunstone Hotel Investors, Inc., as indicated by the checked relationship box in the Form 4.

Is this Sunstone (SHO) Form 4 filed for one insider or multiple insiders?

The filing is indicated as a Form filed by one reporting person, meaning it covers the transactions of a single insider.

Under which plan were the Sunstone (SHO) restricted shares granted?

The 5,713 restricted shares of common stock were granted and vested under Sunstone Hotel Investors, Inc.’s 2022 Incentive Award Plan.