HARRIS ROBERT L II 4

What Happened
Robert L. Harris II, a director of Hudson Pacific Properties, was granted 7,462 restricted stock units (reported as an acquisition at $0) on May 28, 2026. The grant is reported on a Form 4 filed June 1, 2026. This is an RSU award (non-cash compensation), not an open-market purchase or sale.

Key Details

• Transaction date: May 28, 2026; Form 4 filed: June 1, 2026.
• Transaction type: Award/Grant (code A). Reported price per share: $0; reported acquisition value: $0.
• Shares granted: 7,462 restricted stock units.
• Vesting: Award vests in three equal installments on the first, second and third anniversaries of the grant date (footnote F1).
• Reverse split adjustment: Reported share counts have been adjusted for a 1-for-7 reverse stock split effective Dec 2, 2025 (footnote F2).
• Shares owned after transaction: not specified in the provided excerpt.
• No tax withholding, 10b5-1 plan, or late filing indication is noted in the provided details.

Context
RSU grants are a form of compensation/retention and do not represent an immediate cash purchase or sale. Because these RSUs vest over time, they become meaningful only as they vest and convert to actual shares (subject to any company withholding). Awards are common for directors and executives and should be viewed as compensation-related rather than a direct market signal.