Hilton (NYSE: HLT) director gets 5.413 dividend equivalent shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. director Raymond E. Mabus reported an automatic equity accrual tied to his existing deferred share units. On the transaction date, he acquired 5.413 shares of common stock at no cost, representing dividend equivalent rights from the company’s quarterly dividend. After this grant, his directly held common stock position reported in this filing increased to 15,222.999 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mabus Raymond E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5.413 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,222.999 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares acquired: 5.413 shares
Price per share: $0.00 per share
Shares after transaction: 15,222.999 shares
+2 more
5 metrics
Shares acquired
5.413 shares
Dividend equivalent rights on deferred share units on 2026-06-30
Price per share
$0.00 per share
Grant, award, or other acquisition (non-cash)
Shares after transaction
15,222.999 shares
Direct common stock holdings following the grant
Buy transactions
0
No open-market purchases reported in this Form 4
Sell transactions
0
No open-market sales reported in this Form 4
Key Terms
dividend equivalent rights, deferred share units, grant, award, or other acquisition, non-derivative
4 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"
non-derivative financial
"transaction_type: non-derivative for the common stock grant"
FAQ
What did Hilton (HLT) director Raymond Mabus report in this Form 4?
Raymond E. Mabus reported receiving 5.413 Hilton common shares as a grant. These shares reflect dividend equivalent rights credited on his deferred share units following the company’s quarterly dividend and were acquired at no cash cost to him.
Was the Hilton (HLT) Form 4 transaction a market buy or sell?
The Form 4 does not show a market buy or sell. It reports an automatic grant classified as a “grant, award, or other acquisition,” crediting 5.413 shares as dividend equivalents on existing deferred share units.
What are dividend equivalent rights mentioned in the Hilton (HLT) Form 4?
Dividend equivalent rights provide additional share-based credits when dividends are paid. In this case, Hilton’s quarterly dividend generated 5.413 extra common shares for Raymond Mabus on his deferred share units, which were reported as an acquisition on the Form 4.
Does the Hilton (HLT) Form 4 indicate any remaining derivative awards for Raymond Mabus?
The filing’s derivative section is empty, indicating no derivative positions were reported in this Form 4. The only transaction disclosed is the non-derivative common stock grant of 5.413 shares tied to dividend equivalent rights.