ANTENUCCI TED R 4
Research Summary
AI-generated summary
Hudson Pacific (HPP) Director Ted R. Antenucci Receives Award
What Happened
Ted R. Antenucci, a director of Hudson Pacific Properties, was granted 7,462 restricted stock units (RSUs) on 2026-05-28. The award was reported as an acquisition at $0.00 per share (standard for RSU grants, which are not purchased). The grant vests in three equal installments on the first, second and third anniversaries of the grant date.
Key Details
- Transaction date: 2026-05-28; Form 4 filed: 2026-06-01 (filed four days after the grant date). Form 4s are typically due within two business days of the transaction—review the filing for any late-filing annotation.
- Securities: 7,462 RSUs granted, reported at $0.00 per share (awarded, not purchased).
- Vesting: Three equal annual vesting installments (see footnote F1).
- Reverse split: Reported share counts have been adjusted for the company’s 1-for-7 reverse stock split effective December 2, 2025 (footnote F2).
- Shares owned after transaction: Not specified in the provided summary.
Context
RSU grants are a common form of compensation for directors and typically convert to actual shares only as they vest; they do not represent an immediate cash outlay by the director. Such awards are routine corporate compensation and do not, by themselves, indicate a buy or sell market signal.