Hilton (HLT) director Raymond Mabus receives 742 deferred share units under incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mabus Raymond E reported acquisition or exercise transactions in this Form 4 filing.
Hilton Worldwide Holdings Inc. director Raymond E. Mabus received an award of 742 deferred share units of common stock. Each unit represents one fully vested share that will be issued in the future, bringing his direct holdings to 15,217.586 shares. The underlying shares will be delivered 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
Mabus Raymond E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 742 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,217.586 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred share units granted: 742 units
Shares held after transaction: 15,217.586 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Deferred share units granted
742 units
Common Stock grant on 2026-05-14
Shares held after transaction
15,217.586 shares
Total direct Hilton common stock holdings post-grant
Grant price per share
$0.0000 per share
Equity award, no cash paid by director
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Key Terms
deferred share units, Hilton Amended and Restated 2017 Omnibus Incentive Plan, change in control, termination of service as a director
4 terms
Hilton Amended and Restated 2017 Omnibus Incentive Plan financial
"awarded pursuant to the Hilton Amended and Restated 2017 Omnibus Incentive Plan."
change in control regulatory
"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.
termination of service as a director regulatory
"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."
FAQ
What did Hilton (HLT) director Raymond E. Mabus report in this Form 4?
Director Raymond E. Mabus reported receiving 742 deferred share units of Hilton common stock as a grant. These units are fully vested and increase his direct holdings to 15,217.586 shares, to be delivered upon specified future events under Hilton’s incentive plan.
Was the Hilton (HLT) director’s award an open-market purchase or a compensation grant?
The transaction was a compensation grant, not an open-market purchase. The Form 4 uses code “A” for a grant or award, and the units were awarded under Hilton’s Amended and Restated 2017 Omnibus Incentive Plan at no cash cost per share.