Hilton Grand Vacations (HGV) insider settles performance share stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Grand Vacations Inc. executive Gordon Gurnik reported equity compensation transactions involving common stock tied to performance share units. On February 20, 2026, he acquired shares through the exercise or settlement of performance awards granted under the company’s 2017 and 2023 Omnibus Incentive Plans, after the Compensation Committee determined that applicable performance metrics were satisfied.
In connection with these settlements, a portion of the shares was withheld by the company to cover tax obligations at $48.54 per share. Following these acquire-and-withhold transactions, Gurnik directly owned 210,742 shares of Hilton Grand Vacations common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
GURNIK GORDON
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 8,523 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,435 | $48.54 | $167K |
| Exercise | Common Stock | 21,308 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,385 | $48.54 | $407K |
Holdings After Transaction:
Common Stock — 201,254 shares (Direct)
Footnotes (1)
- 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. 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. 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. 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
What insider transactions did HGV executive Gordon Gurnik report?
Gordon Gurnik reported equity compensation transactions in Hilton Grand Vacations common stock. On February 20, 2026, he settled performance share units into shares and had part of those shares withheld to cover associated tax obligations, reflecting standard treatment of performance-based equity awards.
What type of awards were settled in the HGV Form 4 for Gordon Gurnik?
The awards settled were performance share units granted under Hilton Grand Vacations’ 2017 and 2023 Omnibus Incentive Plans. Shares were earned based on the Compensation Committee’s determination that specified performance metrics were met for the respective performance periods ending December 31, 2025.
Did Gordon Gurnik’s HGV Form 4 reflect open-market purchases or sales?
The Form 4 reflects settlement of performance share units and share withholding for taxes, not open-market trades. Transactions were classified as derivative exercises/conversions and tax-withholding dispositions, consistent with equity compensation mechanics rather than discretionary market buying or selling.