Johnstone Douglas 4

What Happened

• Johnstone Douglas, Regional President (Hawaii Region & National Condominium Development) of Howard Hughes Holdings, had 420 shares of common stock withheld by the issuer to satisfy tax withholding obligations tied to the vesting of time-based restricted stock. The shares were withheld at $80.04 each, totaling $33,617. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-05
• Filing date: 2026-02-09 (filed within the SEC's two-business-day deadline)
• Price per share: $80.04
• Shares withheld/disposed: 420; total value ≈ $33,617
• Shares owned after transaction: Not disclosed in this filing
• Footnote: Withholding was done by the issuer to satisfy tax obligations upon vesting of previously granted time-based restricted stock under the Issuer's Amended and Restated 2020 Incentive Plan. No shares were sold by the reporting person.

Context

• Tax withholding on vested restricted stock is routine and does not represent an active sale or new trading decision by the insider. It generally reflects the mechanics of satisfying tax obligations when equity awards vest, not a directional signal about the insider’s view of the company.