Hilton Grand Vacations exec settles share units
Hilton Grand Vacations Inc. executive Gordon Gurnik reported equity compensation transactions involving common stock tied to performance share units.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 8,523 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,435 | $48.54 | $167K |
| Exercise | Common Stock | 21,308 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 8,385 | $48.54 | $407K |
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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