HGV officer stock withheld for tax liabilities
Hilton Grand Vacations Inc. officer Carlos Hernandez had common stock withheld to cover taxes on vesting stock awards.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Hilton Grand Vacations Inc. officer Carlos Hernandez had common stock withheld to cover taxes on vesting stock awards. On March 6, 368 shares of common stock were disposed of at $43.54 per share through a tax-withholding disposition, leaving 12,135 shares held directly.
On March 5, an additional 462 shares were disposed of at $45.27 per share, leaving 12,503 shares directly owned after that transaction. Footnotes state these shares were withheld by the company to satisfy tax withholding requirements tied to the vesting of 1,173 and 935 restricted stock units, rather than sold in open-market trades.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 368 | $43.54 | $16K |
| Exercise Price or Tax Liability | Common Stock | 462 | $45.27 | $21K |
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 1,173 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 935 restricted stock units.
FAQ
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What did HGV officer Carlos Hernandez report in this Form 4?
Were the HGV transactions open-market sales by Carlos Hernandez?
AI-generated analysis. How Rhea-AI works. Not financial advice.