---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-093088"
form_type: "8-K"
ticker: "SHO"
cik: "0001295810"
company_name: "Sunstone Hotel Investors, Inc."
filed_at: "2021-07-16T23:59:59+00:00"
generated_at: "2026-06-30T04:45:24.768054+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sunstone Hotel issues 4M shares of 5.70% Series I Preferred, redeems 3M Series F shares

## Summary
- Issued 4,000,000 shares of 5.70% Series I Cumulative Redeemable Preferred Stock at $25 liquidation preference.
- Net proceeds from offering approximately $96.85 million after underwriting discount.
- All 3,000,000 shares of 6.450% Series F Preferred to be redeemed on Aug 12, 2021 at $25/share plus accrued dividends.
- Series I Preferred ranks senior to common and on parity with Series F, G, H preferred.
- Dividends cumulative at 5.70% per annum, payable quarterly starting Oct 15, 2021.

## SEC filing metadata
- accession: 0001104659-21-093088
- form_type: 8-K
- ticker: SHO
- cik: 0001295810
- company_name: Sunstone Hotel Investors, Inc.
- filed_at: 2021-07-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1295810/000110465921093088/0001104659-21-093088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1295810/000110465921093088/tm2122020d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-093088
- JSON: https://secwatch.observer/filing/0001104659-21-093088.json
- Plain text: https://secwatch.observer/filing/0001104659-21-093088.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.