Davis Andrew D. 4

What Happened Andrew D. Davis, EVP & Head of Investments and Operations at Howard Hughes Holdings (HHH), had 396 shares of common stock withheld by the issuer on Feb 5, 2026 to satisfy tax withholding obligations tied to the vesting of time‑based restricted stock. The withholding was at $80.04 per share, equal to $31,696. This was a tax withholding (code F), not an open‑market sale by the insider.

Key Details

• Transaction date: 2026-02-05; Filing date: 2026-02-09 (Form 4).
• Shares withheld: 396; Price used: $80.04; Total value: $31,696.
• Transaction code: F — issuer withheld shares to meet tax withholding on vested restricted stock.
• Footnote: Shares were withheld by the issuer under the company’s Amended and Restated 2020 Incentive Plan; the underlying grants were previously reported. No shares were sold by the reporting person.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context Tax‑withholding dispositions are routine when restricted stock vests and do not represent a voluntary sale by the insider. They reduce the insider’s reported share count without producing cash proceeds to the individual, and generally should not be interpreted as a change in the insider’s market view.