LENTZ MICHAEL E 4

What Happened

• Michael E. Lentz, Executive Vice President (Development, D&C) of Host Hotels & Resorts (HST), had a total of 7,387 shares disposed to satisfy tax withholding related to a stock option exercise. The disposals were reported as 3,289 shares at $19.54 ($64,267) and 4,098 shares at $19.54 ($80,075), totaling roughly $144,342.
• This transaction is a routine tax-withholding disposition (not an open-market sell) following an option exercise and does not necessarily signal a change in sentiment.

Key Details

• Transaction date: 2026-02-09; Filed with SEC: 2026-02-11 (filed within the typical 2-business-day Form 4 window).
• Prices and amounts: 3,289 shares @ $19.54 = $64,267; 4,098 shares @ $19.54 = $80,075; total disposed = 7,387 shares (~$144,342).
• Transaction code: F (payment of exercise price or tax liability — shares withheld/surrendered for taxes).
• Shares owned after the transaction: not specified in the excerpt of the filing provided.
• No indication of a 10b5-1 plan or gift; primary purpose reported was tax withholding.

Context

• For derivative transactions: this appears to be a cashless/tax-withholding result of exercising options — shares were surrendered to cover tax obligations rather than sold on the open market. Such withholdings are common and typically administrative in nature, so they are less informative about insider confidence than discretionary purchases.