Hilton Grand Vacations officer settles share units
Hilton Grand Vacations Inc. officer Charles R. Corbin Jr. reported equity compensation-related transactions in common stock.
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Rhea-AI Filing Summary
Hilton Grand Vacations Inc. officer Charles R. Corbin Jr. reported equity compensation-related transactions in common stock. On February 20, 2026, he acquired 5,506 and 26,635 shares through settlement of performance share units earned under the company’s omnibus incentive plans, following the compensation committee’s determination of performance results.
In connection with these settlements, the issuer withheld 1,431 and 8,217 shares at $48.54 per share to cover tax withholding obligations, described as tax-withholding dispositions rather than open-market sales. After these transactions, Corbin’s directly held common stock positions were updated as reflected in the filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 5,506 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,431 | $48.54 | $69K |
| Exercise | Common Stock | 26,635 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,217 | $48.54 | $399K |
Footnotes (4)
- F1. Represents shares of common stock earned in connection with the settlement of performance share units previously granted pursuant to the Hilton Grand Vacations Inc. 2017 Omnibus Incentive Plan for the performance period commencing on January 1, 2023 and ending on December 31, 2025. Such shares were earned based on the determination of the Issuer's Compensation Committee as to the satisfaction of the applicable performance metrics.
- F2. Represents the number of shares of common stock withheld by the Issuer to satisfy tax withholding requirements in connection with the issuance of share of common stock in settlement of performance share units described in footnote (1) above.
- F3. Represents shares of common stock earned in connection with the settlement of performance share units previously granted pursuant to the Hilton Grand Vacations Inc. 2023 Omnibus Incentive Plan for the performance period commencing on January 17, 2024 and ending on December 31, 2025. Such shares were earned based on the determination of the Issuer's Compensation Committee as to the satisfaction of the applicable performance metrics.
- F4. Represents the number of shares of common stock withheld by the Issuer to satisfy tax withholding requirements in connection with the issuance of share of common stock in settlement of performance share units described in footnote (3) above.
FAQ
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What insider transactions did HGV officer Charles R. Corbin Jr. report?
Were the HGV Form 4 transactions open-market buys or sells?
Who determined that the Hilton Grand Vacations performance goals were met?
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