Hilton (HLT) director updates holdings with dividend-equivalent shares

Rhea-AI Filing Summary

Hilton Worldwide Holdings Inc. director acquired a small additional stake through routine dividend-related compensation. On 12/29/2025, the reporting person received 9.678 shares of common stock at a price of $0, increasing their directly held position to 22,420.723 shares following the transaction. The filing explains that these shares represent dividend equivalent rights that accrued on deferred share units in connection with Hilton’s quarterly dividend, meaning the director was credited with extra shares instead of receiving the cash dividend.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH ELIZABETH A

(Last) (First) (Middle)

7930 JONES BRANCH DRIVE

(Street)

MCLEAN VA 22102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hilton Worldwide Holdings Inc. [ HLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/29/2025		A		9.678(1)	A	$0	22,420.723	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

Remarks:

	/s/ Owen L. Wilcox, Attorney-in-Fact	12/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Hilton (HLT) disclose in this Form 4?

The filing reports that a director of Hilton Worldwide Holdings Inc. acquired 9.678 shares of common stock on 12/29/2025 as part of dividend-related compensation.

How many Hilton (HLT) shares does the reporting person own after this transaction?

After the reported transaction, the director beneficially owns 22,420.723 shares of Hilton common stock, held in direct ownership.

What was the price for the Hilton (HLT) shares acquired in this Form 4?

The 9.678 shares of Hilton common stock were acquired at a reported price of $0, reflecting non-cash, dividend-related share credits.

What is the nature of the dividend equivalent rights mentioned for Hilton (HLT)?

The filing states that the acquired shares represent dividend equivalent rights that accrued on the director’s deferred share units in connection with Hilton’s quarterly dividend.

Is the reporting person a director or officer of Hilton (HLT)?

The reporting person is identified as a Director of Hilton Worldwide Holdings Inc., with the corresponding box checked in the relationship section.

Was this Hilton (HLT) insider transaction filed by one or multiple reporting persons?

The document indicates that the Form 4 is a Form filed by one reporting person, not a joint or group filing.