Hilton exec reports tax-withheld 16,414 shares
Hilton Worldwide Holdings Inc. executive Kevin J. Jacobs reported a tax-related share disposition.
Rhea-AI Filing Summary
Hilton Worldwide Holdings Inc. executive Kevin J. Jacobs reported a tax-related share disposition. On the reported date, the company withheld 16,414 shares of common stock at $305.94 per share to cover tax liability from vesting of restricted stock units and performance share units.
After this tax-withholding disposition, Jacobs held 274,145 common shares directly. He also had indirect ownership of 35,863 shares through a family trust and 32,137 shares through a GRAT, reflecting estate-planning vehicles associated with him rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 16,414 | $305.94 | $5.02M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares withheld by the Company for the payment of tax liability incident to vesting of restricted stock units and performance share units.
- F2. Reflects indirect ownership by a family trust for which the reporting person's spouse serves as trustee.
FAQ
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What insider transaction did Kevin J. Jacobs report at Hilton (HLT)?
What indirect Hilton (HLT) holdings are reported for Kevin J. Jacobs?
What does transaction code F mean in Kevin J. Jacobs’ Hilton (HLT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.