Hilton (NYSE: HLT) director Chris Carr receives dividend-equivalent share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. director Chris Carr reported a routine share-based compensation entry. On the date reported, he acquired 3.2280 shares of common stock as dividend equivalent rights tied to the company’s quarterly dividend on deferred share units. Following this award, he directly holds 7,946.0080 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carr Chris
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3.228 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,946.008 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 3.2280 shares
Total shares after transaction: 7,946.0080 shares
Transaction code: A (grant/award acquisition)
3 metrics
Shares granted
3.2280 shares
Dividend equivalent rights on deferred share units
Total shares after transaction
7,946.0080 shares
Direct Hilton common stock holdings after grant
Transaction code
A (grant/award acquisition)
Non-derivative common stock entry on Form 4
Key Terms
dividend equivalent rights, deferred share units, grant, award, or other acquisition
3 terms
dividend equivalent rights financial
"Represents dividend equivalent rights in connection with the Issuer's quarterly dividend"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did Hilton (HLT) director Chris Carr report?
Chris Carr reported receiving 3.2280 Hilton common shares as a grant. These shares represent dividend equivalent rights that accrued on his deferred share units in connection with Hilton’s quarterly dividend, rather than an open-market stock purchase or sale.
Is Chris Carr’s Hilton (HLT) Form 4 transaction a stock purchase or sale?
The Form 4 does not show a purchase or sale in the market. Instead, it records a grant of 3.2280 Hilton common shares as dividend equivalent rights credited on deferred share units linked to the company’s regular quarterly dividend.
What are dividend equivalent rights in Hilton (HLT) director compensation?
Dividend equivalent rights give holders additional share-based credits when the company pays dividends. For Hilton, Chris Carr’s Form 4 notes that 3.2280 shares accrued to him on deferred share units in connection with the issuer’s quarterly dividend, reflecting this compensation feature.
Does this Hilton (HLT) Form 4 indicate a change in Chris Carr’s investment stance?
The Form 4 reflects a small, routine share-based accrual, not an active trading decision. Chris Carr received 3.2280 shares as dividend equivalent rights on deferred share units, a normal feature of Hilton’s compensation structure rather than a discretionary buy or sell.