Hilton (NYSE: HLT) CEO exercises stock options and sells 114,289 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. director and officer Christopher J. Nassetta reported a set of insider transactions dated February 17, 2026. He exercised an employee stock option for 114,289 shares of common stock at a price of $41.41 per share and acquired the underlying shares. On the same date, he sold an aggregate of 114,289 shares of Hilton common stock in open-market transactions at weighted average prices of $316.2743, $317.3578, $318.3736, and $319.2978, including shares sold to cover the option exercise price and related tax liabilities. After these sales, his directly held common stock position reported in the filing was 36,445 shares. The filing also reports indirect ownership of 801,716 shares held through Harwood Road LLC, whose managing member is a revocable living trust for which he is trustee and a beneficiary, and 2,714,228 shares held through a revocable trust, with beneficial ownership of indirectly held shares disclaimed except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 114,289 shares ($36,283,559)
Net Sell
8 txns
Insider
NASSETTA CHRISTOPHER J
Role
See Remarks
Sold
114,289 shs ($36.28M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 114,289 | $0.00 | -- |
| Exercise | Common Stock | 114,289 | $41.41 | $4.73M |
| Sale | Common Stock | 30,404 | $316.2743 | $9.62M |
| Sale | Common Stock | 47,134 | $317.3578 | $14.96M |
| Sale | Common Stock | 27,376 | $318.3736 | $8.72M |
| Sale | Common Stock | 9,375 | $319.2978 | $2.99M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 150,734 shares (Direct);
Common Stock — 801,716 shares (Indirect, See Footnote)
Footnotes (1)
- Includes shares sold to cover payment of option exercise price and payment of tax liability incident to exercise of option granted in February 2016 that expires on February 18, 2026. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $315.86 to $316.8475, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $316.86 to $317.8575, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $317.86 to $318.85, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $318.86 to $319.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. These shares of common stock are held by Harwood Road LLC, a limited liability company. A revocable living trust, of which Mr. Nassetta is the trustee and a beneficiary, serves as the managing member of Harwood Road LLC. 99% of the economic interests in the limited liability company are held by a family trust for the benefit of Mr. Nassetta's children and the remaining 1% is held by the aforementioned living trust. The Reporting Person states that this filing shall not be deemed to be an admission that the Reporting Person is the beneficial owner of any securities reported herein as indirectly held, and disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest therein. These shares of common stock were previously reported as directly owned and have been transferred to a revocable trust, of which the reporting person is the trustee. This transfer was exempt from reporting under Rule 16a-13. The option vested in three equal annual installments beginning on February 18, 2017.
FAQ
What insider transactions did Hilton (HLT) executive Christopher Nassetta report?
Christopher Nassetta reported exercising stock options for 114,289 shares at $41.41 and selling 114,289 common shares in open-market trades at weighted average prices between $316.2743 and $319.2978, all dated February 17, 2026.
What options did Christopher Nassetta exercise in this Hilton (HLT) Form 4?
He exercised an Employee Stock Option covering 114,289 shares of Hilton common stock at an exercise price of $41.41 per share. The option was granted in February 2016, vested in three equal annual installments beginning February 18, 2017, and expires on February 18, 2026.