secwatch.observer — SEC 8-K summary
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Issuer:     Sunstone Hotel Investors, Inc. (SHO)
CIK:        0001295810
Form:       8-K
Filed at:   2022-03-07T23:59:59+00:00
Accession:  0001193125-22-066926
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunstone appoints new CEO, President/CIO, CFO; Pasquale shifts to Executive Chairman
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- Bryan Giglia, former CFO, appointed CEO effective March 7, 2022; salary raised to $600k with 135% target bonus.
- Robert Springer becomes President and Chief Investment Officer; salary $550k, target bonus 135%, plus equity grants.
- Aaron Reyes appointed CFO; salary $325k, target bonus 100%.
- Douglas Pasquale becomes Executive Chairman through Aug 2022; receives $1.8M bonus and accelerated vesting for interim CEO stint.
- One-time equity grants to Giglia and Springer: 62,668 time-vesting shares and 94,002 performance-vesting RSUs each.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295810/000119312522066926/0001193125-22-066926-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295810/000119312522066926/d371322d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-066926

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer