GHOSH SOURAV 4
Research Summary
AI-generated summary
Host Hotels (HST) CFO Sourav Ghosh Receives Award, Withholds Shares
What Happened
- Sourav Ghosh, CFO of Host Hotels & Resorts (HST), received 113,029 performance-based restricted stock units that vested on Feb 17, 2026. The filing shows an award (code A) of 113,029 shares at $0.00 (grant/vesting).
- To satisfy tax withholding (code F), 55,441 of those shares were surrendered/withheld at $20.01 per share, generating proceeds of $1,109,374. Using the $20.01 price, the vested award had an implied value of roughly $2.26M and Ghosh retained approximately 57,588 shares after withholding.
- This was a vesting/tax-withholding event (routine), not an open-market purchase or a discretionary sale that would signal a trading view.
Key Details
- Transaction date: Feb 17, 2026 (Period of Report); Form 4 filed Feb 19, 2026.
- Awarded (vested): 113,029 shares (code A) — reported at $0.00 acquisition price (typical for RSU vesting).
- Withheld/disposed for taxes: 55,441 shares (code F) at $20.01 = $1,109,374.
- Shares remaining from this award after withholding: 57,588.
- Total shares beneficially owned after this transaction: not disclosed in the filing.
- Footnote: Award was originally granted Feb 8, 2023; vesting based on relative total shareholder return vs. the NAREIT Lodging & Resort Index and certain Adjusted EBITDAre targets.
- Filing appears timely (no late filing indicated).
Context
- Code A indicates the issuance/vesting of restricted stock units; code F indicates surrender/withholding of shares to satisfy tax obligations. This is a common, routine administrative transaction tied to compensation — not an open-market sale expressing sentiment.
- For retail investors, vested awards increase insider exposure unless shares are sold; the withholding here is standard and reduces the net shares received.