Hilton Grand Vacations director has shares withheld for tax
Hilton Grand Vacations Inc. director and officer Mark D. Wang reported two tax-related share dispositions tied to restricted stock unit vesting.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Hilton Grand Vacations Inc. director and officer Mark D. Wang reported two tax-related share dispositions tied to restricted stock unit vesting. On March 5 and March 6, a total of 12,201 shares of common stock were withheld by the company to cover tax obligations.
The footnotes state that 5,522 shares and 6,679 shares were withheld in connection with the vesting of 18,050 and 14,924 restricted stock units, respectively. After these tax-withholding dispositions, Wang directly holds 830,785 shares of Hilton Grand Vacations common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,522 | $43.54 | $240K |
| Exercise Price or Tax Liability | Common Stock | 6,679 | $45.27 | $302K |
Footnotes (2)
- 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 18,050 restricted stock units.
- F2. 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 14,924 restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mark D. Wang report for Hilton Grand Vacations (HGV)?
Were Mark D. Wang’s Hilton Grand Vacations Form 4 transactions open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.