Hilton (NYSE: HLT) director gains dividend-equivalent common shares in new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. director Melanie Healey reported an acquisition of 6.1300 shares of common stock. These represent dividend equivalent rights that accrued on her deferred share units in connection with the company’s quarterly dividend. Following this award, she directly holds 16,677.9540 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Healey Melanie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6.13 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,677.954 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6.1300 shares
Post-transaction holdings: 16,677.9540 shares
Price per share: $0.0000
+1 more
4 metrics
Shares granted
6.1300 shares
Dividend equivalent rights on deferred share units
Post-transaction holdings
16,677.9540 shares
Common stock held directly after grant
Price per share
$0.0000
Reported transaction price for the grant
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
dividend equivalent rights, deferred share units, grant, award, or other acquisition, Common Stock
4 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"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Hilton (HLT) director Melanie Healey report?
Melanie Healey reported receiving 6.1300 shares of Hilton common stock. These shares are dividend equivalent rights that accrued on her deferred share units, reflecting the company’s quarterly dividend rather than an open-market purchase or sale.
Is Melanie Healey’s Hilton (HLT) transaction a buy or a grant?
The transaction is a grant-type acquisition, not an open-market buy. It is coded as a grant or award and represents dividend equivalent rights credited due to Hilton’s quarterly dividend on deferred share units.
What are dividend equivalent rights in the Hilton (HLT) insider filing?
Dividend equivalent rights are additional amounts credited when a company pays dividends on underlying units. In this case, they accrued on Melanie Healey’s deferred share units, providing 6.1300 extra Hilton common shares linked to the quarterly dividend.
Does the Hilton (HLT) insider transaction involve any derivative securities?
The reported transaction does not involve options or other derivatives. It concerns common stock issued as dividend equivalent rights on deferred share units, and the filing shows no remaining derivative positions in the derivative summary.