Hilton Grand Vacations (NYSE: HGV) officer uses 3,919 shares for tax withholding
Rhea-AI Filing Summary
Hilton Grand Vacations Inc. officer Charles R. Corbin Jr. reported a tax-related share disposition. On the reported date, 3,919 shares of common stock were withheld by the company to cover tax obligations tied to the vesting of 8,891 restricted stock units. After this withholding, he held 78,844 common shares directly.
Positive
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Negative
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Insider Trade Summary
Net Seller: 3,919 shares
Net Sell
1 txn
Insider
Corbin Charles R. Jr.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,919 | $44.64 | $175K |
Holdings After Transaction:
Common Stock — 78,844 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares of common stock withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of an aggregate of 8,891 restricted stock units.
FAQ
What insider transaction did HGV officer Charles R. Corbin Jr. report?
Charles R. Corbin Jr. reported a tax-related disposition where 3,919 HGV common shares were withheld by the company. This withholding satisfied tax requirements arising from the vesting of 8,891 restricted stock units granted to him.
What equity award vesting triggered the HGV tax-withholding disposition?
The disposition was triggered by the vesting of 8,891 restricted stock units of Hilton Grand Vacations common stock. To cover related tax withholding requirements, the issuer retained 3,919 shares instead of delivering all vested shares in stock.
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