Hilton (HLT) director Jonathan Gray receives 742 deferred share units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRAY JONATHAN reported acquisition or exercise transactions in this Form 4 filing.
Hilton Worldwide Holdings Inc. director Jonathan Gray received an award of 742 deferred share units of common stock as compensation. These units were granted at no cash cost and increase his direct holdings to 9,289.622 shares-equivalent. Each deferred share unit represents one share of common stock, is fully vested, and will be settled in shares upon the earlier of his termination 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
GRAY JONATHAN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 742 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,289.622 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred share units granted: 742 units
Holdings after transaction: 9,289.622 shares-equivalent
Grant price per unit: $0.0000 per unit
3 metrics
Deferred share units granted
742 units
Grant of fully vested deferred share units of common stock
Holdings after transaction
9,289.622 shares-equivalent
Total direct holdings following the award
Grant price per unit
$0.0000 per unit
Compensation grant, not a cash purchase
Key Terms
deferred share units, Hilton Amended and Restated 2017 Omnibus Incentive Plan, change in control
3 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."
change in control financial
"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) report for Jonathan Gray?
Hilton reported that director Jonathan Gray received a grant of 742 deferred share units of common stock. These units are a form of equity compensation and increase his direct holdings to 9,289.622 shares-equivalent after the award.