Klein David M 4

What Happened
David M. Klein, General Counsel of Sunstone Hotel Investors, had 9,149 shares of the company's common stock withheld on Feb 15, 2026 to satisfy tax withholding tied to three previously granted restricted stock awards. The filing values the withheld shares at $9.22 each (closing price on Feb 13, 2026), for a total of approximately $84,354. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: February 15, 2026 (withholding to cover tax obligations).
• Price used for valuation: $9.22 per share (closing price on Feb 13, 2026; Feb 15 fell on a weekend).
• Shares withheld/disposed: 9,149; total value ≈ $84,354.
• Transaction type: F = tax withholding on vested restricted stock (routine administrative disposition, not a purchase).
• Shares owned after transaction: not specified in the provided filing.
• Filing: Form 4 filed Feb 18, 2026; the filing does not indicate a late report.

Context
Tax-withholding via share retention is a common, routine outcome when restricted stock vests and does not necessarily indicate insider sentiment about the company. This was a non-cash, administrative disposition to cover tax liability rather than an active sale on the open market.