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AI brief of an SEC Form 8-K · Sunstone Hotel Investors (SHO)

Sunstone Hotel Investors Q1 net income rises to $16.0 million; raises 2026 outlook

Positive Impact 4 of 5 guidance Written later

Sunstone Hotel Investors reported first-quarter 2026 net income attributable to common stockholders of $16.0 million, or $0.08 per diluted share, up from $1.3 million, or $0.01, a year earlier, and raised its full-year 2026 guidance for net income and Adjusted FFO per share. The company said it repurchased $49.2 million of common and preferred stock from the start of 2026 through May 1, 2026. General Counsel David Klein will leave the company effective May 31, 2026, as part of an executive restructuring.

Key points

  • Q1 2026 net income attributable to common stockholders was $16.0 million, or $0.08 per diluted share, versus $1.3 million, or $0.01, in Q1 2025.
  • RevPAR for all hotels rose 14.6% to $255.04; excluding Andaz Miami Beach, RevPAR rose 5.7%.
  • Full-year 2026 net income per diluted share guidance is now $0.11 to $0.18, up from $0.02 to $0.16; Adjusted FFO per diluted share guidance is now $0.88 to $0.96, up from $0.81 to $0.94.
  • General Counsel David Klein departs May 31, 2026, with a cash payment of $1,500,000 less the value of accelerated stock awards, plus accelerated vesting of awards covering 73,920 shares.

The filing

CompanySunstone Hotel Investors (SHO)
Form8-K, current report
Filed with the SECMay 5, 2026, 7:54 AM ET
Accession number0001104659-26-055280

Items reported: 2.02 Results of Operations5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.