Mims Verett Ann 4
Research Summary
AI-generated summary
Sunstone (SHO) Director Ann Mims Verett Receives Award
What Happened
- Ann Mims Verett, a director of Sunstone Hotel Investors (SHO), received two awards on May 1, 2026 totaling 20,745 shares of common stock: 12,234 shares granted as vested stock and 8,511 shares granted as restricted stock. The reported transactions are grants/awards (transaction code A); no purchase price or total dollar value is reported (N/A).
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 5, 2026 (timely).
- Transaction type: A (award/grant). Reported prices and total values: N/A (awarded shares).
- Share breakdown: 12,234 vested shares (F1); 8,511 restricted shares (F2).
- Vesting on restricted shares (F2): 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.
- Shares owned after transaction: Not reported in this filing.
- No indication of a 10b5-1 plan, tax withholding, sale, or option exercise in this filing.
Context
- These awards are part of compensation under the 2022 Incentive Award Plan. The 12,234 vested shares are immediately owned, while the 8,511 restricted shares are subject to future vesting conditions and continued service. Awards like these are routine director compensation and do not necessarily signal a buy/sell decision by the insider.