OTTINGER JOSEPH 4
4 · HOST HOTELS & RESORTS, INC. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Host Hotels (HST) SVP Joseph Ottinger Receives Award, Withholds Shares
What Happened Joseph Ottinger, Senior Vice President & Corporate Controller of Host Hotels & Resorts (HST), had performance-based restricted stock units vest into 11,930 shares on February 17, 2026 (reported as an award/acquisition at $0.00). To cover tax withholding on the vesting, 5,946 of those shares were surrendered/disposed at $20.01 per share for proceeds of $118,979. This was not a market purchase — it was vesting of an award with routine tax withholding.
Key Details
- Transaction date: February 17, 2026.
- Award: 11,930 shares vested (reported as A — acquired at $0.00).
- Tax withholding: 5,946 shares withheld/disposed (F) at $20.01 per share, totaling $118,979.
- Original award date & conditions: Underlying RSUs granted February 8, 2023; vesting tied to relative total stockholder return vs. the NAREIT Lodging & Resort Index and certain Adjusted EBITDAre targets (see footnote).
- Shares owned after transaction: Not specified in the provided filing.
- Filing timing: Report filed Feb 19, 2026 for Feb 17 transactions — appears timely (no late filing indicated).
Context This was a performance-RSU vesting event (not an open-market sale). The disposal of 5,946 shares was a tax-withholding/cashless settlement to satisfy tax liability on the vested award — a common, administrative action that does not necessarily reflect the insider’s view of the company’s stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-17+11,930→ 50,653 total - Tax Payment
Common Stock
2026-02-17$20.01/sh−5,946$118,979→ 44,707 total
Footnotes (1)
- [F1]On February 17, 2026, it was determined that a portion of the performance goals for previously granted restricted stock units had been met, resulting in the vesting of these shares in the form of common stock on February 17, 2026. The underlying award of restricted stock units was made on February 8, 2023 and the performance goals were based on the Issuer's relative total stockholder return as compared to the NAREIT Lodging and Resort Index and the Issuer's performance against certain Adjusted EBITDAre targets.