Giglia Bryan Albert 4

What Happened Bryan Giglia, CEO of Sunstone Hotel Investors (SHO), had 30,593 shares of the company's common stock withheld to satisfy tax withholding on previously granted restricted stock. The filing reports the shares were valued at $9.22 per share (closing price used was from Feb 13, 2026), for a total equivalent of $282,067. The transaction is reported as tax withholding (transaction code F), not an open-market sale.

Key Details

• Transaction date: February 15, 2026 (withholding of 30,593 shares).
• Price used: $9.22 per share (closing price on Feb 13, 2026; Feb 15 was a weekend).
• Total value: approximately $282,067.
• Transaction code: F (shares withheld to satisfy tax withholding on restricted stock awards).
• Footnotes: F1 explains the withholding covered taxes on three restricted stock awards; F2 notes shares rounded to nearest whole share.
• Filing date: February 18, 2026 — based on the Feb 15 transaction date, the Form 4 appears to have been filed one business day after the two-business-day reporting window.

Context This was a routine tax-withholding event tied to restricted stock vesting, not a discretionary sale or purchase by the insider. Such withholdings are common and generally do not signal a change in insider sentiment; they simply satisfy tax obligations when awards vest.