Hilton Grand Vacations insider sells 190,813 shares
Hilton Grand Vacations Inc. director and officer Mark D. Wang reported an exercise-and-sell transaction in company stock.
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Form Type
4
Rhea-AI Filing Summary
Hilton Grand Vacations Inc. director and officer Mark D. Wang reported an exercise-and-sell transaction in company stock. On May 28, 2026, he exercised stock options to acquire 190,813 shares of common stock at $28.30 per share and then sold 190,813 shares in an open-market sale at a weighted average price of $51.93 per share.
The sale price reflects individual trades between $51.70 and $52.395 per share. Following these transactions, Wang directly holds 904,241 shares of Hilton Grand Vacations common stock, and the exercised option grant has been fully used.
Insider Trade Summary
Exercise and Sale: 190,813 shares ($4.51M approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Wang Mark D
Role
See Remarks
Sold
190,813 shs ($9.91M)
Approx. gross sale proceeds
$9.91M
Approx. exercise cost
$5.40M
Approx. pre-tax spread
$4.51M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 190,813 | $0.00 | $0.00 |
| Exercise | Common Stock | 190,813 | $28.30 | $5.40M |
| Sale | Common Stock | 190,813 | $51.93 | $9.91M |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 904,241 shares (Direct)
Footnotes (2)
- F1. The price reported in column 4 is a weighted average price. These shares were sold at prices ranging from $51.70 - $52.395, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. Stock options became exercisable as follows: 25% on 3/9/2018, 25% on 3/9/2019, and 50% on 3/9/2020.
Key Figures
Shares sold: 190,813 shares
Weighted average sale price: $51.93 per share
Sale price range: $51.70–$52.395 per share
+4 more
7 metrics
Shares sold
190,813 shares
Open-market sale on May 28, 2026
Weighted average sale price
$51.93 per share
Common stock sale on May 28, 2026
Sale price range
$51.70–$52.395 per share
Price range for sold shares
Options exercised
190,813 shares
Stock Option (Right to Buy) exercised May 28, 2026
Exercise price
$28.30 per share
Stock option exercise price
Shares held after
904,241 shares
Direct common stock ownership post-transaction
Remaining options from grant
0 options
Total shares following option transaction for derivative security
Key Terms
open-market sale, Stock Option (Right to Buy), weighted average price, exercise or conversion of derivative security, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
derivative security financial
"transaction_type: "derivative" and related descriptions"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mark D. Wang report at Hilton Grand Vacations (HGV)?
Mark D. Wang reported an exercise-and-sell transaction involving Hilton Grand Vacations common stock. He exercised stock options for 190,813 shares at $28.30 and sold 190,813 shares in an open-market transaction at a weighted average price of $51.93 on May 28, 2026.
What stock options did Mark D. Wang exercise in this Hilton Grand Vacations (HGV) Form 4?
He exercised options covering 190,813 shares of Hilton Grand Vacations common stock at an exercise price of $28.30 per share. The footnotes state these options became exercisable in tranches on March 9, 2018, March 9, 2019, and March 9, 2020, before this exercise.
Did the reported Hilton Grand Vacations (HGV) transaction involve derivative securities?
Yes. The transaction included the exercise of a Stock Option (Right to Buy) covering 190,813 underlying shares at a conversion or exercise price of $28.30. After this exercise, the reported remaining balance for that option grant was zero derivative securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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