Hilton director granted 8.904 dividend equivalent shares
Hilton Worldwide Holdings Inc. director Douglas M. Steenland reported an acquisition of 8.904 shares of common stock on a Form 4.
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. director Douglas M. Steenland reported an acquisition of 8.904 shares of common stock on a Form 4. These represent dividend equivalent rights from the company’s quarterly dividend that accrued on his deferred share units. Following this award, he directly holds 29,175.933 common shares.
Positive
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Insights
Director received a small stock-based award tied to dividend equivalents.
Director Douglas M. Steenland acquired 8.904 Hilton common shares at $0.0000 per share. The filing explains these are dividend equivalent rights that accrued on existing deferred share units due to the company’s quarterly dividend.
This award brings his directly held common stock position to 29,175.933 shares after the transaction. The filing does not show any sales or option exercises, only this compensation-related share accrual.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8.904 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.
Key Figures
Key Terms
dividend equivalent rights financial
Grant, award, or other acquisition financial
FAQ
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What did Hilton (HLT) director Douglas M. Steenland report in this Form 4?
Was the Hilton (HLT) insider transaction a market purchase or a grant?
What are dividend equivalent rights in this Hilton (HLT) Form 4 filing?
Does the Hilton (HLT) Form 4 show any insider selling activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.