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Park Hotels grants CEO 332K restricted shares

CEO Thomas J. Baltimore Jr. received a time-vested restricted stock award, increasing his direct holdings in Park Hotels & Resorts Inc.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Park Hotels & Resorts Inc. (symbol: PK) is the issuer of record for a Form 4 filing submitted to the SEC. Baltimore Thomas J Jr reported acquisition or exercise transactions in this Form 4 filing.

Park Hotels & Resorts Inc. (PK) reported that CEO and director Thomas J. Baltimore Jr. received an award of 331,564 shares of common stock on September 3, 2026. The award consists of restricted shares granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan and carries no purchase price.

The restricted shares were approved by the Compensation & Human Capital Committee and will vest in full on the fourth anniversary of the grant date, conditioned on Mr. Baltimore's continued service. Following this grant, he holds 2,337,556 shares of Park Hotels & Resorts Inc. common stock directly.

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Insider Baltimore Thomas J Jr
Role CEO
Type Security Shares Price Value
Grant/Award Common Stock F1 331,564 $0.00 $0.00
Holdings After Transaction: Common Stock — 2,337,556 shares (Direct)
Footnotes (1)
  1. F1. Represents an award of restricted shares of common stock of the Issuer under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time), approved by the Compensation & Human Capital Committee of the Issuer, which shares shall vest in full on the fourth anniversary of the grant date, subject to the Reporting Person's continued service on such date.
Restricted shares granted 331,564 shares Award of restricted common stock to CEO on September 3, 2026
Transaction price per share $0.00 per share Grant of restricted shares as equity compensation
Shares held after grant 2,337,556 shares CEO’s direct holdings of Park Hotels & Resorts Inc. common stock following the award
Vesting period 4 years Restricted shares vest in full on the fourth anniversary of the grant date
Grant date September 3, 2026 Date of restricted stock award to the CEO
restricted shares financial
"Represents an award of restricted shares of common stock of the Issuer"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
2017 Omnibus Incentive Plan financial
"under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan"
Compensation & Human Capital Committee financial
"approved by the Compensation & Human Capital Committee of the Issuer"
vest in full financial
"which shares shall vest in full on the fourth anniversary"
continued service financial
"subject to the Reporting Person's continued service on such date"

FAQ

What insider transaction did PK report for CEO Thomas J. Baltimore Jr.?

Park Hotels & Resorts Inc. reported that CEO Thomas J. Baltimore Jr. received a grant of 331,564 restricted shares of common stock on September 3, 2026, under the company’s 2017 Omnibus Incentive Plan, with no purchase price per share.

How many PK shares does the CEO hold after this Form 4 transaction?

After the September 3, 2026 grant, CEO Thomas J. Baltimore Jr. directly holds 2,337,556 shares of Park Hotels & Resorts Inc. common stock, as reported in the Form 4 filing.

What are the vesting terms of the 331,564 PK restricted shares granted to the CEO?

The 331,564 restricted shares of Park Hotels & Resorts Inc. common stock will vest in full on the fourth anniversary of the September 3, 2026 grant date, subject to Thomas J. Baltimore Jr.’s continued service through that date.

Was the PK CEO stock award granted under a specific compensation plan?

Yes. The award of 331,564 restricted shares to the CEO was granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan, as amended from time to time, and approved by the company’s Compensation & Human Capital Committee.

Did the PK CEO pay anything per share for this restricted stock grant?

No. The Form 4 reports a transaction price per share of $0.00 for the 331,564 restricted shares granted to CEO Thomas J. Baltimore Jr., reflecting that it is a compensation award rather than a market purchase.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Baltimore Thomas J Jr

(Last)(First)(Middle)
C/O PARK HOTELS & RESORTS INC.
1775 TYSONS BLVD, 7TH FLOOR

(Street)
TYSONS VIRGINIA 22102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Park Hotels & Resorts Inc. [ PK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock09/03/2026A(1)331,564A$02,337,556D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted shares of common stock of the Issuer under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time), approved by the Compensation & Human Capital Committee of the Issuer, which shares shall vest in full on the fourth anniversary of the grant date, subject to the Reporting Person's continued service on such date.
Remarks:
/s/ Nancy Vu, as Attorney-in-Fact09/10/2026
** Signature of Reporting PersonDate
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)

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