BATINOVICH ANDREW 4
4 · Sunstone Hotel Investors, Inc. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Sunstone (SHO) Director Andrew Batinovich Receives Awards
What Happened
Andrew Batinovich, a director of Sunstone Hotel Investors, received two equity awards on May 1, 2026: 12,234 vested shares of common stock and 9,574 restricted shares of common stock, for a total of 21,808 shares. No per-share price or cash value is reported for these grants (price listed as N/A). These were awards under Sunstone’s 2022 Incentive Award Plan rather than purchases or sales.
Key Details
- Transaction date: 2026-05-01; filing date (Form 4): 2026-05-05.
- Shares granted: 12,234 vested shares (F1) and 9,574 restricted shares (F2); total 21,808 shares. Price: N/A (no cash amount reported).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 = grant of vested common stock under the 2022 Incentive Award Plan. F2 = grant of restricted common stock under the 2022 Incentive Award Plan that vests on the earlier of (i) first anniversary of grant or (ii) the next annual meeting, subject to continued service.
- Filing timeliness: Form 4 dated May 5, 2026 reports May 1, 2026 grants (the filing shows the report date; timeliness not otherwise flagged in the filing).
Context
These awards are compensation-related grants to a director. The vested shares are immediately owned, while the restricted shares remain subject to vesting conditions tied to continued service and timing of the next annual meeting. Such awards are common as director compensation and do not by themselves indicate an insider’s market view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-01+12,234→ 152,330 total - Award
Common Stock
[F2]2026-05-01+9,574→ 161,904 total
Footnotes (2)
- [F1]Represents grant of vested shares of common stock pursuant to the 2022 Incentive Award Plan.
- [F2]Represents grant of restricted shares of common stock pursuant to the 2022 Incentive Award Plan, which vest on the earlier of (i) first anniversary of grant, or (ii) the date of the next annual meeting of stockholders, subject to continued service through such dates.