Host Hotels (HST) EVP RSUs vest; 62,919 shares used for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOST HOTELS & RESORTS, INC. executive vice president and chief investment officer Nathan S. Tyrrell reported equity compensation activity involving the company’s common stock. He acquired 125,585 shares at no cost through the vesting of previously granted performance-based restricted stock units.
These restricted stock units were granted on February 8, 2023 and vested after a portion of performance goals tied to relative total stockholder return versus the NAREIT Lodging and Resort Index and certain Adjusted EBITDAre targets was met. To satisfy tax obligations, 62,919 shares were disposed of at $20.01 per share, leaving Tyrrell with 756,237 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
TYRRELL NATHAN S
Role
EVP, Ch. Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 125,585 | $0.00 | -- |
| Tax Withholding | Common Stock | 62,919 | $20.01 | $1.26M |
Holdings After Transaction:
Common Stock — 819,156 shares (Direct)
Footnotes (1)
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FAQ
What insider stock transactions did HST executive Nathan S. Tyrrell report?
Nathan S. Tyrrell reported receiving 125,585 shares of HOST HOTELS & RESORTS common stock from vested performance-based restricted stock units, then disposing of 62,919 shares at $20.01 per share to cover tax liabilities, resulting in 756,237 shares held directly after the transactions.
What triggered the vesting of Nathan S. Tyrrell’s HST restricted stock units?
The vesting was triggered when a portion of performance goals for previously granted restricted stock units was met. These goals depended on HOST HOTELS & RESORTS’ relative total stockholder return versus the NAREIT Lodging and Resort Index and performance against specified Adjusted EBITDAre targets.
When were the performance-based restricted stock units for HST’s Nathan S. Tyrrell originally granted?
The underlying award of performance-based restricted stock units to Nathan S. Tyrrell was granted on February 8, 2023. Vesting occurred on February 17, 2026, once part of the performance criteria tied to stockholder return and Adjusted EBITDAre metrics had been achieved.