Hilton (NYSE: HLT) director gains dividend-equivalent share units in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. director Chris Carr reported a small, compensation-related share increase. On a recent date, he acquired 2.785 common stock equivalent shares through dividend equivalent rights that accrued on deferred share units, at a recorded price of $0.0000 per share. Following this award, Carr directly holds a total of 8,690.793 common shares, reflecting routine adjustments tied to Hilton’s quarterly dividend rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carr Chris
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2.785 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,690.793 shares (Direct)
Footnotes (1)
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Key Figures
Shares acquired via dividend equivalent rights: 2.785 shares
Price per share for awarded units: $0.0000 per share
Total shares after transaction: 8,690.793 shares
3 metrics
Shares acquired via dividend equivalent rights
2.785 shares
Grant/award acquisition of common stock equivalents
Price per share for awarded units
$0.0000 per share
Recorded transaction price for the award
Total shares after transaction
8,690.793 shares
Direct Hilton common stock holdings following award
Key Terms
dividend equivalent rights, deferred share units, Grant, award, or other acquisition
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did Hilton (HLT) director Chris Carr report in this Form 4?
Chris Carr reported acquiring 2.785 Hilton common stock equivalent shares. The increase came from dividend equivalent rights accruing on deferred share units, not from an open-market stock purchase or sale, and is part of routine director compensation adjustments.
Is Chris Carr’s Hilton (HLT) Form 4 transaction a market trade?
No, the Form 4 shows a compensation-related award, not a market trade. The 2.785 shares came from dividend equivalent rights tied to Hilton’s quarterly dividend on deferred share units, with a recorded price of $0.0000 per share.
What does “dividend equivalent rights” mean in Hilton’s Form 4 for HLT?
Dividend equivalent rights give holders of deferred share units additional share equivalents when the company pays dividends. In this case, Hilton’s quarterly dividend generated 2.785 common stock equivalent shares credited to director Chris Carr under his deferred share unit arrangements.
Does the Hilton (HLT) Form 4 indicate insider buying or selling?
The filing indicates an acquisition via grant, not discretionary buying or selling. Code “A” reflects a grant or award of 2.785 share equivalents from dividend equivalent rights, rather than an open-market purchase or sale decision by director Chris Carr.