McCabe Murray J. 4

What Happened

Murray J. McCabe, a director of Sunstone Hotel Investors, received two stock awards on May 1, 2026, totaling 20,745 shares. The filing shows 12,234 shares were granted as vested shares (acquired immediately) and 8,511 shares were granted as restricted stock. No purchase price is reported (price = N/A); these are compensation awards (Form 4 transaction code A), not open-market buys or sales.

Key Details

• Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (timely; within two business days).
• Grants: 12,234 shares (vested) + 8,511 restricted shares = 20,745 total.
• Price: N/A (awarded shares; no cash paid).
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes:
  • F1 — 12,234 shares represent a grant of vested common stock under the 2022 Incentive Award Plan.
  • F2 — 8,511 shares are restricted common stock under the same plan; they vest on the earlier of (i) the first anniversary of the grant or (ii) the date of the next annual meeting of stockholders, subject to continued service.
• Transaction code: A = Award/Grant.

Context

These grants are compensation-related awards to a board member. Vested shares are immediately acquired; restricted shares will convert to owned shares only if vesting conditions are met. Such awards are routine for directors and do not necessarily signal the insider’s view on the stock price.