{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-21-012435","form_type":"8-K","ticker":"SHO","cik":"0001295810","company_name":"Sunstone Hotel Investors, Inc.","filed_at":"2021-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:04:17.541577+00:00","generated_at":"2026-06-29T04:06:02.733200+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sunstone Hotel Investors grants retention bonuses to three executives; hires Douglas Pasquale as Interim CEO","bullets":["Retention program approved Sep 9, 2021 for CFO Bryan Giglia ($585k cash + $1.17M equity), Robert Springer ($497k + $994k), David Klein ($370k + $740k).","Cash retention payable Feb 28, 2022; equity vests 50% on each of Feb 28, 2023 and Sep 30, 2024, subject to continued employment.","Employment agreement with Douglas Pasquale as Interim CEO, base salary $825k, performance bonus target $1.85M (min $750k, max $3M).","Pasquale receives signing equity award of $2.25M, vesting in full on Sep 2, 2022.","Term ends on earlier of Sep 2, 2022 or date new permanent CEO appointed."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-21-012435","json":"https://secwatch.observer/filing/0001558370-21-012435.json","markdown":"https://secwatch.observer/filing/0001558370-21-012435.md","text":"https://secwatch.observer/filing/0001558370-21-012435.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1295810/000155837021012435/0001558370-21-012435-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1295810/000155837021012435/sho-20210909x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T04:06:02.733200+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8ab48bd58c","claim":"Douglas Pasquale was appointed as Interim Chief Executive Officer at Sunstone Hotel Investors, Inc..","evidence_excerpt":"on September 10, 2021, the Compensation Committee of the Board approved entering into an employment agreement (the “Employment Agreement”) with the Company’s Interim Chief Executive Officer, Douglas Pasquale (the “Executive”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1295810/000155837021012435/0001558370-21-012435-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}