LENTZ MICHAEL E 4

What Happened
Michael E. Lentz, EVP of Development, D&C at Host Hotels & Resorts (HST), was granted 38,407 restricted stock units (RSUs) on 2026-02-05 (reported on Form 4). Simultaneously, 4,777 shares were disposed to satisfy tax withholding at $19.00 per share, a total withholding value of $90,763. The RSUs are reported at $0 acquisition price because they are awards, not open-market purchases.

Key Details

• Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (filed on-time).
• Award: 38,407 RSUs (code A), $0 acquisition price.
• Tax withholding: 4,777 shares withheld/disposed (code F) at $19.00 each = $90,763.
• Shares owned after the transaction: not disclosed in the filing.
• Footnote: RSUs vest in three equal annual installments beginning on the first anniversary of the grant date and will be settled in shares of the issuer's common stock.

Context
This is a standard equity compensation award (RSUs) and a routine tax-withholding disposition; RSU grants are common for executives and are not an immediate cash purchase or market sale. Because the RSUs vest over time, the economic exposure is phased — future vesting will determine how many actual shares are delivered later (after withholding). The F-code disposal reflects tax withholding rather than a voluntary open-market sale.