Sunstone Hotel Investors (SHO) CEO reports tax withholding of 3,382 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sunstone Hotel Investors, Inc. chief executive officer Bryan Albert Giglia reported a routine tax-related share disposition. On the transaction date, 3,382 shares of common stock were withheld at a reference price of $9.38 per share to cover tax obligations associated with equity compensation. After this non‑market transaction, he directly holds 786,416 shares of Sunstone common stock, so his overall ownership remains substantial.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Giglia Bryan Albert
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,382 | $9.38 | $32K |
Holdings After Transaction:
Common Stock — 786,416 shares (Direct)
Footnotes (1)
- The closing price on March 6, 2026 (as March 7, 2026 fell on a weekend) of the Company's common stock on the New York Stock Exchange was $9.38 per share. Number of securities rounded to the nearest whole share.
FAQ
What insider transaction did Sunstone Hotel Investors (SHO) report for Bryan Albert Giglia?
Sunstone Hotel Investors reported that CEO Bryan Albert Giglia had 3,382 shares of common stock withheld to satisfy tax obligations. This was recorded as a tax-withholding disposition rather than an open-market trade, reflecting routine handling of equity compensation.
Was the Sunstone Hotel Investors (SHO) CEO’s Form 4 transaction a stock sale in the open market?
No. The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were delivered back at $9.38 per share to cover taxes tied to equity compensation, a common administrative transaction for executives.
How was the $9.38 price in the Sunstone Hotel Investors (SHO) Form 4 determined?
The $9.38 price per share equals the March 6, 2026 New York Stock Exchange closing price for Sunstone Hotel Investors common stock. The filing notes this price was used because March 7, 2026 fell on a weekend.
Does the Sunstone Hotel Investors (SHO) Form 4 indicate any option exercises or derivative activity?
No derivative positions are shown in this Form 4. The derivativeSummary section is empty, and the transaction summary lists only a tax-withholding disposition of 3,382 common shares with no option exercises reported.