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Hilton Grand Vacations (NYSE: HGV) RSU vesting leads to tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hilton Grand Vacations Inc. officer Dusty Tonkin reported a compensation-related share withholding. On the vesting of 4,902 restricted stock units, the issuer withheld 1,929 shares of common stock at $40.46 per share to cover tax obligations. Following this tax-withholding disposition, Tonkin directly holds 95,320 shares of Hilton Grand Vacations common stock.

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Insider Tonkin Dusty
Role See Remarks
Type Security Shares Price Value
Tax Withholding Common Stock 1,929 $40.46 $78K
Holdings After Transaction: Common Stock — 95,320 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,929 shares Common stock withheld to satisfy tax obligations on RSU vesting
Withholding price per share $40.46 per share Value used for withheld common shares
RSUs vested 4,902 units Restricted stock units vesting that triggered tax withholding
Shares held after transaction 95,320 shares Total direct holdings of common stock following transaction
restricted stock units financial
"in connection with the vesting of an aggregate of 4,902 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding requirements financial
"withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
SEC Form 4
FORM 4UNITED 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*
Tonkin Dusty

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026F(1)1,929D$40.4695,320D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 4,902 restricted stock units.
Remarks:
Title: Executive Vice President and Chief Sales & Marketing Officer
/s/ Charles R. Corbin, as Attorney-in-Fact04/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Hilton Grand Vacations (HGV) report for Dusty Tonkin?

Hilton Grand Vacations reported that officer Dusty Tonkin had 1,929 common shares withheld to satisfy taxes on vesting RSUs. This was a tax-withholding disposition, not an open-market sale, and reflects routine handling of equity compensation obligations.

How many Hilton Grand Vacations (HGV) RSUs vested for Dusty Tonkin?

An aggregate of 4,902 restricted stock units vested for Dusty Tonkin. In connection with this vesting, the issuer withheld 1,929 common shares to cover tax withholding requirements, as disclosed in the Form 4 filing and its accompanying footnote.

Did Dusty Tonkin sell Hilton Grand Vacations (HGV) shares on the market?

The Form 4 shows a tax-withholding disposition, not an open-market sale. Hilton Grand Vacations withheld 1,929 shares to satisfy tax obligations tied to RSU vesting, meaning the shares were retained by the issuer rather than sold into the public market.

How many Hilton Grand Vacations (HGV) shares does Dusty Tonkin hold after this transaction?

After the tax-withholding disposition, Dusty Tonkin directly holds 95,320 shares of Hilton Grand Vacations common stock. This figure is reported as the total direct ownership following the transaction in the Form 4 filing’s non-derivative holdings table.

What was the price used for the Hilton Grand Vacations (HGV) tax-withholding shares?

The shares withheld for taxes were valued at $40.46 per share. Hilton Grand Vacations used this per-share price when withholding 1,929 common shares to satisfy tax withholding requirements related to the vesting of 4,902 restricted stock units.

What does transaction code F mean in the Hilton Grand Vacations (HGV) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Hilton Grand Vacations filing, it reflects 1,929 shares of common stock withheld to cover tax obligations on the vesting of restricted stock units for Dusty Tonkin.