Hilton (NYSE: HLT) director Chris Carr granted 742 fully vested deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carr Chris reported acquisition or exercise transactions in this Form 4 filing.
Hilton Worldwide Holdings Inc. director Chris Carr reported receiving an equity award of 742 deferred share units of common stock. These units were granted at no cash cost and increase his direct holdings to a total of 8,688.008 shares-equivalent.
Each deferred share unit represents one share of Hilton common stock and is fully vested. The underlying shares will be delivered to Carr upon the earliest of his termination of service as a director, a change in control of Hilton, or the second anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carr Chris
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 742 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,688.008 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred share units granted: 742 units
Total holdings after transaction: 8,688.008 shares-equivalent
Grant price per unit: $0.0000
3 metrics
Deferred share units granted
742 units
Equity award of Hilton common stock equivalents to director Chris Carr
Total holdings after transaction
8,688.008 shares-equivalent
Chris Carr’s direct Hilton common stock holdings following the award
Grant price per unit
$0.0000
Non-cash award of deferred share units
Key Terms
deferred share units, Hilton Amended and Restated 2017 Omnibus Incentive Plan, fully vested, change in control
4 terms
Hilton Amended and Restated 2017 Omnibus Incentive Plan financial
"Represents deferred share units of the Issuer awarded pursuant to the Hilton Amended and Restated 2017 Omnibus Incentive Plan."
fully vested financial
"Each deferred share unit represents one share of Issuer common stock and is fully vested."
change in control financial
"The underlying shares will be issued to the reporting person upon the earliest to occur of a (i) termination of service as a director, (ii) a change in control of the Issuer, and (iii) the second anniversary of the grant date."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did Hilton (HLT) director Chris Carr report?
Chris Carr reported receiving an award of 742 deferred share units of Hilton common stock. These represent fully vested equity compensation, increasing his total direct holdings to 8,688.008 share-equivalents, with actual shares to be issued at specified future trigger events.