Hilton Grand Vacations (NYSE: HGV) director awarded 4,114 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Grand Vacations Inc. director Mark H. Lazarus received an equity award of 4,114 shares of common stock on May 6, 2026, reported as a grant or award acquisition. Following this award, he directly holds 44,575 shares. The award represents Restricted Stock Units that vest on the one-year anniversary of the grant date or, if earlier, on the date of the next annual stockholder meeting at which directors are elected, and will be settled in common shares upon the earlier of his separation from service or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lazarus Mark H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,114 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 44,575 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 4,114 shares
Grant price per share: $0.0000 per share
Shares held after grant: 44,575 shares
+2 more
5 metrics
RSU grant size
4,114 shares
Common Stock award granted May 6, 2026
Grant price per share
$0.0000 per share
Reported transaction price for the award
Shares held after grant
44,575 shares
Total direct holdings following the transaction
Grant date
May 6, 2026
Date RSUs were awarded
Vesting schedule
One year from grant
Or earlier on next annual director election meeting date
Key Terms
Restricted Stock Units (RSUs), separation from service, change in control
3 terms
Restricted Stock Units (RSUs) financial
"Restricted Stock Units (RSUs) awarded to the reporting person on May 6, 2026, which shall become vested..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
separation from service financial
"settled in shares of issuer common stock on the earlier of the reporting person's separation from service..."
change in control financial
"or a change in control of the issuer."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did Hilton Grand Vacations (HGV) report for Mark H. Lazarus?
Hilton Grand Vacations reported that director Mark H. Lazarus received a grant of 4,114 shares of common stock on May 6, 2026. The transaction is classified as a grant or award acquisition rather than a market purchase or sale.
When do Mark H. Lazarus’s Hilton Grand Vacations RSUs from this grant vest?
The RSUs awarded to Mark H. Lazarus vest on the one-year anniversary of the May 6, 2026 grant date, or earlier if the next annual stockholder meeting at which directors are elected occurs before that anniversary, according to the footnote disclosure.
How will the RSUs granted to Mark H. Lazarus by Hilton Grand Vacations be settled?
The RSUs will be settled in shares of Hilton Grand Vacations common stock. Settlement occurs on the earlier of Mark H. Lazarus’s separation from service or a change in control of the company, as specified in the footnote to the insider transaction.
Does the Form 4 for Hilton Grand Vacations indicate a stock purchase or sale by Mark H. Lazarus?
The Form 4 does not show an open-market purchase or sale. It reports a grant or award acquisition of 4,114 shares classified under transaction code A, reflecting equity compensation rather than a discretionary trade in Hilton Grand Vacations stock.