Lachman Thomas Cecil 4
Research Summary
AI-generated summary
Howard Hughes (HHH) Director Lachman Cecil Receives Award — 3,290 Shares
What Happened
- Lachman Thomas Cecil, a director of Howard Hughes Holdings Inc. (HHH), was granted 3,290 restricted shares on 2026-06-19. The shares were reported as acquired at $0.00 (i.e., awarded, not purchased). The filing lists the transaction code "A" for award/grant.
Key Details
- Transaction date: 2026-06-19; Form 4 filed: 2026-06-24 (filed five days after the transaction — appears later than the usual 2-business-day reporting window for insiders).
- Amount: 3,290 shares granted at $0.00 per share (total reported cash consideration $0).
- Shares owned after transaction: not specified in the filing.
- Footnote: Grant represents restricted stock for non-employee directors under the Issuer’s 2025 Equity Incentive Plan; vesting is the earlier of the 2027 annual meeting or June 1, 2027.
- Transaction code: A = Award/Grant.
Context
- Director restricted stock awards are a common form of non-employee director compensation and do not by themselves signal a buy or sell decision. The economic value of the grant depends on Howard Hughes’ future stock price and the vesting conditions.