OTTINGER JOSEPH 4
Research Summary
AI-generated summary
Host Hotels SVP Joseph Ottinger Sells 46 Shares for Tax Withholding
What Happened
Joseph Ottinger, Senior Vice President & Corporate Controller of Host Hotels & Resorts (HST), had 46 shares disposed/withheld to satisfy a tax liability on May 14, 2026. The shares were withheld at a price of $21.54 per share, for a total value of approximately $991. This was a tax-withholding disposition (routine), not an open-market purchase or a discretionary sale.
Key Details
- Transaction date: 2026-05-14
- Price per share: $21.54; Shares withheld/disposed: 46; Total value ≈ $991
- Transaction code: F (payment of exercise price or tax liability / tax withholding)
- Filing date: 2026-05-15 (filed next day — within Form 4 timing rules)
- Shares owned after transaction: not specified in the provided filing excerpt
- Notes: This appears to be a withholding to cover taxes (e.g., from option exercise or RSU vesting), a routine administrative action rather than a market-timing sale.
Context: Withholding or share-for-tax transactions are common when equity awards vest or options are exercised. They reduce reported holdings to satisfy tax obligations and generally do not signal a change in the insider’s view of the company.