Springer Robert C 4

What Happened

• Robert C. Springer, President and Chief Investment Officer of Sunstone Hotel Investors (SHO), had 3,382 shares disposed on March 7, 2026 to satisfy tax withholding obligations. The shares were valued at $9.38 each (closing price March 6), for a total of $31,723.

Key Details

• Transaction date: 2026-03-07; reported on Form 4 filed 2026-03-10.
• Price: $9.38 per share (closing price on March 6, 2026 — March 7 was a weekend).
• Shares disposed: 3,382; total value ≈ $31,723.
• Post-transaction holdings: Not specified in the information provided.
• Transaction code: F — indicates shares were withheld/used to cover tax liability.
• Filing timeliness: Form 4 was filed on 2026-03-10; no late-filing flag is indicated in the provided data.

Context

• Code F transactions are typically routine tax withholding following an award vesting or option exercise; they are disposals to meet tax obligations rather than discretionary market sales and do not necessarily signal the insider's view of the stock.
• For retail investors, purchases tend to be more informative about insider confidence; routine withholdings are common and usually neutral.