Director sells 3,408 Host Hotels (HST) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HOST HOTELS & RESORTS, INC. director Walter C. Rakowich sold 3,408 shares of Common Stock in an open-market transaction. The weighted average sale price was $22.8994 per share, with individual trades ranging from $22.5000 to $23.1100. The sale was executed under a Rule 10b5-1 trading plan effective on August 26, 2024. Following this transaction, he directly holds 76,537 shares of the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,408 shares ($78,041)
Net Sell
1 txn
Insider
RAKOWICH WALTER C
Role
null
Sold
3,408 shs ($78K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,408 | $22.8994 | $78K |
Holdings After Transaction:
Common Stock — 76,537 shares (Direct, null)
Footnotes (1)
- This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person effective on August 26, 2024. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.5000 to $23.1100. The reporting person undertakes to provide the issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 3,408 shares
Weighted average sale price: $22.8994 per share
Price range of sales: $22.5000–$23.1100 per share
+1 more
4 metrics
Shares sold
3,408 shares
Open-market sale of Common Stock on reported transaction date
Weighted average sale price
$22.8994 per share
Average price across multiple sale transactions
Price range of sales
$22.5000–$23.1100 per share
Range of prices for individual trades within the sale
Shares owned after sale
76,537 shares
Director’s direct Common Stock holdings following the transaction
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock
4 terms
Rule 10b5-1 trading plan financial
"This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person effective on August 26, 2024."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did HST director Walter C. Rakowich report?
Walter C. Rakowich reported selling 3,408 shares of Host Hotels & Resorts Common Stock. The transaction was an open-market sale, disclosed on Form 4, and reflects activity in his direct ownership position with the company.
Was Walter C. Rakowich’s HST stock sale under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan. That plan was adopted by Rakowich and became effective on August 26, 2024, indicating the trades were pre-arranged.
What does the weighted average price mean in this HST Form 4?
The weighted average price of $22.8994 means the 3,408 shares were sold in multiple trades at different prices. The filing notes individual trades ranged from $22.5000 to $23.1100 and offers to provide exact breakdowns upon request.