Springer Robert C 4

What Happened

• Robert C. Springer, President and CIO of Sunstone Hotel Investors, had 22,944 shares of the company's common stock withheld on Feb 15, 2026 to satisfy tax withholding obligations tied to three previously granted restricted stock awards. The filing reports the withholding at an implied value of $9.22 per share, totaling approximately $211,544.

Key Details

• Transaction date: February 15, 2026 (withholding); Form 4 filed February 18, 2026.
• Price used: $9.22 per share (closing price on Feb 13, 2026; Feb 15 fell on a weekend).
• Shares withheld/disposed: 22,944; total value ≈ $211,544.
• Reason/code: F — tax withholding to satisfy tax liabilities on restricted stock awards (three awards).
• Shares owned after transaction: Not specified in this filing.
• Timeliness: Filed Feb 18, 2026; this appears timely (two-business-day Form 4 window considering the weekend/Presidents’ Day holiday).

Context

• This was a routine company withholding to cover tax obligations on vested restricted stock, not an open-market sale or a new purchase. Such withholdings are common and generally reflect tax mechanics rather than a signal of insider sentiment.