OTTINGER JOSEPH 4
Research Summary
AI-generated summary
Host Hotels (HST) SVP Joseph Ottinger Receives 4,857 RSUs
What Happened
- Joseph Ottinger, SVP & Corporate Controller of Host Hotels & Resorts (HST), received a grant of 4,857 restricted stock units (RSUs) on 2026-02-05 (transaction code A). The grant was reported at $0.00 per share because RSUs are equity awards rather than a cash purchase.
- On the same date he also disposed of 796 shares (transaction code F) at $19.00 per share to satisfy a tax liability; the shares surrendered equal $15,124. This disposition appears to be a tax withholding event related to equity compensation, not an open-market sale.
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-09 (filed within the 2-business-day reporting window).
- Grant: 4,857 RSUs (code A), reported at $0.00 price (awarded, not purchased).
- Tax withholding: 796 shares surrendered at $19.00 each, totaling $15,124 (code F).
- Shares owned after the transactions: not specified in the filing.
- Footnote: The RSUs vest in three equal annual installments beginning on the first anniversary of the grant and will be settled in shares of the issuer's common stock.
Context
- RSU grants are compensation awards that typically vest over time; this grant vests over three years per the footnote. The 796-share disposition was a withholding to cover taxes and is routine for equity awards (not an indication of a market sale).