Sunstone Hotel Investors, Inc. (SHO) Form 424B5 — Aug 10, 2026
Sunstone Hotel Investors filed a 424B5 prospectus supplement dated August 10, 2026 establishing a new at-the-market equity program for up to $300,000,000 of common stock through eleven sales agents, including BofA Securities, Jefferies, J.P. Morgan and Wells Fargo Securities. The new program replaces a prior ATM terminated the same day, under which $300,000,000 of capacity had remained unsold. The program includes forward sale capability with forward purchasers such as Bank of America, N.A., Jefferies, JPMorgan Chase Bank and Wells Fargo Bank, allowing Sunstone to defer share issuance and the associated dilution until it elects settlement.
Key figures
- Gross Proceeds
- 300000000
- Shares Outstanding
- 189519492
- Portfolio Rooms
- 6178
- Portfolio Hotels
- 13
- Charter Ownership Limit
- 9.8% of outstanding capital stock / common stock by any person
- Last Reported Sale Price
- $11.08 per share on NYSE (August 7, 2026)
- Max Sales Agent Commission
- 2.0% of gross sales price per share
- Estimated Offering Expenses
- $250,000 (excluding sales agent compensation)
- Incentive Plan Shares Reserved
- 9.3 million reserved under 2022 Incentive Award Plan; 6,247,280 remained available as of December 31, 2025
- Prior Atm Unsold At Termination
- $300,000,000
Price after filing
Close on the filing date to close N calendar days later (from $10.80). Historical, not a forecast.
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