Hilton (NYSE: HLT) director gets dividend-equivalent share award

Rhea-AI Filing Summary

Hilton Worldwide Holdings Inc. director Elizabeth A. Smith reported a routine compensation-related transaction. She acquired 9.306 dividend equivalent rights in the company’s common stock on March 31, 2026, tied to deferred share units from the issuer’s quarterly dividend. Following this accrual, her direct beneficial ownership in Hilton common stock increased to 22,430.029 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SMITH ELIZABETH A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9.306	$0.00	--

Holdings After Transaction: Common Stock — 22,430.029 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Dividend equivalent rights granted: 9.306 shares Total shares after transaction: 22,430.029 shares Transaction price per share: $0.0000

3 metrics

Dividend equivalent rights granted 9.306 shares Common Stock grant on March 31, 2026

Total shares after transaction 22,430.029 shares Director’s direct Hilton common stock holdings

Transaction price per share $0.0000 Grant/award acquisition, non-cash dividend equivalent rights

Key Terms

dividend equivalent rights, deferred share units, grant, award, or other acquisition, Form 4

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.

deferred share units financial

"accrued to the reporting person on deferred share units"

Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.

grant, award, or other acquisition financial

"Transaction code A is described as Grant, award, or other acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4) for Hilton Worldwide Holdings Inc."

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/02/2026 - 04:19 PM Learn about SEC filing dates

FAQ

What insider transaction did Hilton (HLT) director Elizabeth A. Smith report?

Elizabeth A. Smith reported receiving 9.306 dividend equivalent rights in Hilton common stock. These accrued automatically on deferred share units in connection with the company’s quarterly dividend, reflecting a routine compensation-related adjustment rather than an open-market stock purchase or sale.

How many Hilton (HLT) shares does Elizabeth A. Smith hold after this Form 4?

After the reported transaction, Elizabeth A. Smith directly owns 22,430.029 shares of Hilton common stock. The increase comes from 9.306 dividend equivalent rights credited on deferred share units, linked to Hilton’s quarterly dividend, and disclosed as a grant or award acquisition.

Was the Hilton (HLT) insider transaction a market purchase or sale?

The transaction was not a market purchase or sale. It is coded as a grant or award acquisition, representing 9.306 dividend equivalent rights credited on deferred share units due to Hilton’s quarterly dividend, with no stated price per share and no cash purchase involved.

What are dividend equivalent rights mentioned in Hilton (HLT) director’s filing?

Dividend equivalent rights are additional units that mirror dividends on underlying deferred share units. In this case, 9.306 rights accrued to Elizabeth A. Smith on her deferred share units when Hilton paid its quarterly dividend, increasing her reported holdings without an open-market transaction.

Why did the Form 4 for Hilton (HLT) use code A for this transaction?

Transaction code A indicates a grant, award, or other acquisition of securities. For Hilton, it reflects 9.306 dividend equivalent rights granted to Elizabeth A. Smith on deferred share units due to the quarterly dividend, rather than a discretionary buy on the open market.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH ELIZABETH A

(Last) (First) (Middle)

7930 JONES BRANCH DRIVE

(Street)

MCLEAN VIRGINIA 22102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Hilton Worldwide Holdings Inc. [ HLT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A		9.306(1)	A	$0	22,430.029	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividend equivalent rights in connection with the Issuer's quarterly dividend and accrued to the reporting person on deferred share units.

Remarks:

	/s/ James O. Smith, Attorney-in-Fact	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)