SHOLEM BARRY A 4

What Happened

• Barry A. Sholem, a director of Hudson Pacific Properties (HPP), was granted 7,462 restricted stock units (reported as an "A" acquisition) on May 28, 2026. The Form 4 reports the per-share price as $0.00 (typical for equity awards); no cash was paid by the insider.

Key Details

• Transaction date and type: 2026-05-28 — Award/Grant (code A).
• Shares granted: 7,462 RSUs; reported price: $0.00.
• Vesting: Award vests in three equal installments on the 1st, 2nd and 3rd anniversaries of the grant date (Footnote F1).
• Reverse split: Reported amounts have been adjusted for the company’s 1-for-7 reverse stock split effective Dec 2, 2025 (Footnote F2).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Form filed 2026-06-01 (within two business days of the May 28 transaction), so the filing appears timely.

Context

• This was a standard director equity grant (compensation), not an open-market purchase or sale. RSUs typically vest over time and do not represent immediate liquidity; they are common as retention/compensation for directors. Such awards are informational and do not, by themselves, indicate a buying or selling signal.