Hilton (HLT) executive has 778 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. executive Caroline Krass reported a routine tax-related share disposition. On the reported date, 778 shares of common stock were withheld by the company at $304.95 per share to cover tax liabilities tied to vesting of restricted stock units.
After this withholding transaction, Krass directly holds 4,556 shares of Hilton common stock. This was not an open-market sale but an automatic mechanism to pay taxes when equity awards vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Krass Caroline
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 778 | $304.95 | $237K |
Holdings After Transaction:
Common Stock — 4,556 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 778 shares
Withholding price: $304.95 per share
Shares owned after transaction: 4,556 shares
3 metrics
Shares withheld for taxes
778 shares
Withheld for tax liability on RSU vesting
Withholding price
$304.95 per share
Value used for 778 withheld shares
Shares owned after transaction
4,556 shares
Directly held Hilton common stock after withholding
Key Terms
restricted stock units, tax-withholding disposition, Form 4
3 terms
restricted stock units financial
"tax liability incident to vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Hilton (HLT) executive Caroline Krass report?
Caroline Krass reported an automatic tax-withholding disposition of shares. The company withheld 778 shares of Hilton common stock to cover tax liabilities arising from the vesting of restricted stock units, rather than an open-market sale initiated by the executive.
Was the Hilton (HLT) Form 4 transaction an open-market sale by Caroline Krass?
No, the Form 4 transaction was not an open-market sale. The filing describes a tax-withholding disposition, where Hilton retained 778 shares to pay tax due on vesting restricted stock units, a common administrative process rather than a discretionary share sale.