Hilton (NYSE: HLT) director Elizabeth Smith awarded 145 deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITH ELIZABETH A reported acquisition or exercise transactions in this Form 4 filing.
Hilton Worldwide Holdings Inc. director Elizabeth A. Smith received an award of 145 deferred share units of common stock on May 1, 2026. The units were granted at $0.00 per share as compensation, not through an open-market purchase or sale.
Each deferred share unit represents one fully vested share of Hilton common stock, to be issued to Smith upon the earlier of her termination of service as a director, a change in control of Hilton, or the second anniversary of the grant date. Following this grant, she holds 22,575.029 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SMITH ELIZABETH A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 145 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,575.029 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred share units granted: 145 units
Grant price per unit: $0.00 per share
Shares held after transaction: 22,575.029 shares
3 metrics
Deferred share units granted
145 units
Award on May 1, 2026 to director Elizabeth A. Smith
Grant price per unit
$0.00 per share
Compensation award, not open-market purchase
Shares held after transaction
22,575.029 shares
Direct holdings of Elizabeth A. Smith following the award
Key Terms
deferred share units, Hilton 2017 Omnibus Incentive Plan, change in control
3 terms
Hilton 2017 Omnibus Incentive Plan financial
"Payment of fees in deferred share units pursuant to the Hilton 2017 Omnibus Incentive Plan."
change in control financial
"upon the earlier to occur of a (i) termination of service as a director, (ii) a change in control of the Issuer"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What did Hilton (HLT) director Elizabeth A. Smith report in this Form 4?
Elizabeth A. Smith reported receiving 145 deferred share units of Hilton common stock as a compensation award. These units were granted at $0.00 per share and increase her direct holdings to 22,575.029 shares after the transaction.
Was the Hilton (HLT) Form 4 for Elizabeth A. Smith an open-market stock purchase or sale?
No, the Form 4 shows a grant or award acquisition, not an open-market trade. The 145 deferred share units were issued at $0.00 per share as director compensation under Hilton’s 2017 Omnibus Incentive Plan.