Hilton Grand Vacations (HGV) officer reports Form 4 tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Grand Vacations Inc. officer Daniel Jason Mathewes reported two tax-related share dispositions tied to vesting restricted stock units. On March 5, 2,527 common shares at $45.27 per share were withheld to cover taxes for 5,512 vested RSUs. On March 6, 2,280 shares at $43.54 per share were withheld for taxes on 6,111 vested RSUs. After these withholding transactions, Mathewes directly owned 183,259 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mathewes Daniel Jason
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,280 | $43.54 | $99K |
| Tax Withholding | Common Stock | 2,527 | $45.27 | $114K |
Holdings After Transaction:
Common Stock — 183,259 shares (Direct)
Footnotes (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 6,111 restricted stock units. 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 5,512 restricted stock units.
FAQ
What insider transactions did HGV officer Daniel Jason Mathewes report?
Daniel Jason Mathewes reported two tax-withholding share dispositions. On March 5, 2,527 Hilton Grand Vacations common shares were withheld, and on March 6, 2,280 shares were withheld, both tied to restricted stock unit vesting and used solely to satisfy tax obligations.
Were the recent HGV Form 4 transactions open-market sales?
No, the reported HGV transactions were not open-market sales. They were tax-withholding dispositions, where the issuer withheld shares of common stock to satisfy tax liabilities arising from the vesting of restricted stock units previously granted to Daniel Jason Mathewes.