---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-032249"
form_type: "8-K"
ticker: "HHH"
cik: "0001981792"
company_name: "Howard Hughes Holdings Inc."
filed_at: "2025-04-04T23:59:59+00:00"
generated_at: "2026-05-23T21:27:41.996087+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# HHH amends exec agreements, extends CEO/CFO terms to 2028; President Cross to depart Dec 2025

## Summary
- Added 'Transaction' definition (40%+ ownership or board-determined event) with enhanced severance within 24 months post-Transaction.
- CEO O'Reilly's annual target LTIP raised to $4.5M; O'Reilly and CFO Olea terms extended to Dec 31, 2028.
- President L. Jay Cross to cease as officer upon non-renewal of employment agreement effective Dec 1, 2025.
- Good Reason definition expanded to include organizational changes and loss of exchange-listed executive officer status.
- All amendments effective April 1, 2025; compensation committee approved March 31, 2025.

## SEC filing metadata
- accession: 0001104659-25-032249
- form_type: 8-K
- ticker: HHH
- cik: 0001981792
- company_name: Howard Hughes Holdings Inc.
- filed_at: 2025-04-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981792/000110465925032249/0001104659-25-032249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981792/000110465925032249/tm2511386d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-032249
- JSON: https://secwatch.observer/filing/0001104659-25-032249.json
- Plain text: https://secwatch.observer/filing/0001104659-25-032249.txt

## Key facts
- Executive change
  L. Jay Cross departed as President at Howard Hughes Holdings Inc..
  - Action: non-renewal
  - Role: President
  source text: On April 2, 2025, the Company and its President, L. Jay Cross, mutually agreed not to renew Mr. Cross’ employment agreement upon the expiration of its current term on December 1, 2025, which shall be treated as a non-renewal by the Company under his employment agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1981792/000110465925032249/0001104659-25-032249-index.htm

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