Hilton Grand Vacations (NYSE: HGV) grants 4,114 RSUs to director

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MANDEL GAIL reported acquisition or exercise transactions in this Form 4 filing.

Hilton Grand Vacations Inc. director Gail Mandel received an equity award of 4,114 shares of common stock on May 6, 2026, recorded as a grant/award with no cash purchase price. Following this grant, she directly holds 13,907 common shares.

The footnote explains these are Restricted Stock Units (RSUs) that vest on the one-year anniversary of the grant date or earlier if the next annual stockholder meeting to elect directors occurs sooner. The RSUs will be settled in shares of common stock upon Mandel’s separation from service or upon a change in control of the company.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MANDEL GAIL

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,114	$0.00	--

Holdings After Transaction: Common Stock — 13,907 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 4,114 shares Grant price: $0.00 per share Shares held after grant: 13,907 shares +1 more

4 metrics

RSU grant size 4,114 shares Restricted Stock Units awarded on May 6, 2026

Grant price $0.00 per share Recorded price for RSU award on May 6, 2026

Shares held after grant 13,907 shares Total direct common stock holdings following the transaction

Vesting schedule 1-year from May 6, 2026 RSUs vest on one-year anniversary or earlier next director election meeting

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"

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.

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 04:02 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MANDEL GAIL

(Last)

(First)

(Middle)

C/O HILTON GRAND VACATIONS INC.,

6355 METROWEST BOULEVARD, SUITE 180

(Street)

ORLANDO

FLORIDA

32835

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Hilton Grand Vacations Inc. [ HGV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/06/2026		A⁽¹⁾		4,114	A	$0	13,907	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Restricted Stock Units (RSUs) awarded to the reporting person on May 6, 2026, which shall become vested on the one-year anniversary of such date of grant or, if earlier, on the date of the next annual meeting of the issuer's stockholders at which directors are elected. The RSUs shall be settled in shares of issuer common stock on the earlier of the reporting person's separation from service or a change in control of the issuer.

Remarks:

	/s/ Mark D. Wang, as Attorney-in-Fact	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Hilton Grand Vacations (HGV) report for Gail Mandel?

Hilton Grand Vacations reported that director Gail Mandel received a grant of 4,114 Restricted Stock Units on May 6, 2026. These RSUs represent an equity compensation award rather than an open-market stock purchase, and increase her direct holding to 13,907 common shares.

How many shares does Gail Mandel hold after her latest HGV equity award?

After the May 6, 2026 award, Gail Mandel directly holds 13,907 shares of Hilton Grand Vacations common stock. This reflects the addition of 4,114 shares from a Restricted Stock Unit grant recorded at a zero dollar price as compensation, not a cash-funded purchase.

When do Gail Mandel’s newly granted HGV RSUs vest?

Gail Mandel’s Restricted Stock Units vest on the one-year anniversary of the May 6, 2026 grant date. They may vest earlier if the next annual meeting of Hilton Grand Vacations stockholders to elect directors occurs before that anniversary, according to the award’s terms.

How and when will Gail Mandel’s HGV RSUs be settled into shares?

The RSUs granted to Gail Mandel will be settled in Hilton Grand Vacations common stock rather than cash. Settlement occurs on the earlier of her separation from service with the company or a change in control of Hilton Grand Vacations, as specified in the award footnote.

Was Gail Mandel’s HGV Form 4 transaction a stock purchase or a compensation grant?

The Form 4 reports a compensation grant, not an open-market stock purchase. Mandel received 4,114 Restricted Stock Units at a recorded price of $0.00 per share, indicating an award of equity as part of director compensation rather than buying shares with cash in the market.