Sunstone (SHO) CEO reports 141,513-share RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunstone Hotel Investors, Inc. Chief Executive Officer Bryan A. Giglia reported equity compensation activity involving the company’s common stock. On January 26, 2026, he acquired 141,513 shares at $0 upon vesting of performance restricted stock units that were granted in February 2023 under the 2022 Incentive Award Plan. On the same date, 77,017 shares were disposed of at $9.03 per share in a transaction coded “F,” indicating shares withheld to cover taxes related to the vesting. Following these transactions, he directly owned 737,518 shares of Sunstone common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Giglia Bryan Albert
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 141,513 | $0.00 | -- |
| Tax Withholding | Common Stock | 77,017 | $9.03 | $695K |
Holdings After Transaction:
Common Stock — 814,535 shares (Direct)
Footnotes (1)
- Represents the shares of common stock issued upon the vesting of performance restricted stock units ("Performance RSUs") in connection with the achievement of certain performance criteria as certified by the Compensation Committee. Such Performance RSUs were granted to the Reporting Person on February 9, 2023 pursuant to the Sunstone Hotel Investors, Inc. and Sunstone Hotel Partnership, LLC 2022 Incentive Award Plan. Number of securities rounded to the nearest whole share.
FAQ
What insider transactions did Sunstone (SHO) CEO Bryan Giglia report?
Bryan A. Giglia reported RSU vesting and related tax withholding. He acquired 141,513 Sunstone common shares at $0 from vested performance RSUs and had 77,017 shares withheld at $9.03 for taxes, ending with 737,518 directly owned shares.
What are performance RSUs mentioned in the Sunstone (SHO) Form 4?
The performance RSUs are restricted stock units that vest only if specific performance criteria are achieved. For Sunstone’s CEO, vesting occurred after the Compensation Committee certified performance, resulting in 141,513 common shares issued under the 2022 Incentive Award Plan.
When were the vested performance RSUs originally granted to the Sunstone (SHO) CEO?
The performance RSUs that vested into 141,513 shares were granted on February 9, 2023. They were issued under the Sunstone Hotel Investors, Inc. and Sunstone Hotel Partnership, LLC 2022 Incentive Award Plan, subject to achievement of defined performance conditions.