Company: HPP
Filing Date: 2025-06-13
Form Type: 8-K
Source: 0001193125-25-140854
Chunk: 4

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 8-K
Item: Item 5.02
Chunk 4
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Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

On June 11, 2025, the Company announced that the Company’s Chief Executive Officer, Victor Coleman, President, Mark Lammas and Chief Financial Officer, Harout Diramerian, have agreed to forfeit their 2024 performance unit equity awards, resulting in $14.3 million of total general and administrative savings, approximately $4.9 million of which will be realized in 2025, with the remaining savings occurring over the next three years.