Valane Joseph 4

What Happened

• Valane Joseph, General Counsel & Secretary of Howard Hughes Holdings, had 686 shares of common stock withheld to satisfy tax withholding obligations upon vesting of time‑based restricted stock.
• Withholding occurred at a per‑share price of $63.05, for a total withholding value of approximately $43,252. This was a tax withholding (code F), not an open‑market sale; the footnote states no shares were sold by the reporting person.

Key Details

• Transaction date: 2026-04-01
• Price per share: $63.05; Shares withheld: 686; Total value: ~$43,252
• Reason: Tax withholding on vested time‑based restricted stock under the Issuer’s Amended and Restated 2020 Incentive Plan (per footnote F1)
• Shares sold? No — issuer withheld shares to cover taxes (not an open‑market sale)
• Shares owned after transaction: Not specified in this Form 4 filing
• Filing timeliness: Report filed 2026-04-09 (8 days after the transaction), which is later than the typical 2 business‑day Form 4 filing requirement

Context

• Tax‑withholding transactions (code F) are routine when restricted stock vests and generally do not signal a change in the insider’s view of the company; they simply satisfy tax obligations.
• The underlying grant was previously reported; this filing documents only the shares withheld to cover taxes.