Park Hotels (PK) EVP surrenders 4,108 shares to cover tax on RSU vesting
Rhea-AI Filing Summary
Park Hotels & Resorts Inc. executive Carl A. Mayfield, EVP of Design and Construction, reported a tax-withholding share disposition. He surrendered 4,108 shares of common stock at $11.25 per share to cover taxes due on the vesting of 8,198 previously granted restricted shares. After this transaction, he directly owned 314,359 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,108 shares
Net Sell
1 txn
Insider
Mayfield Carl A.
Role
EVP, Design and Construction
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,108 | $11.25 | $46K |
Holdings After Transaction:
Common Stock — 314,359 shares (Direct)
Footnotes (1)
- F1. Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 8,198 shares of restricted stock previously granted to the Reporting Person pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time). Pursuant to the terms of the applicable Restricted Stock Agreements, the price per share used to determine the tax withholdings was the closing price per share of the Issuer's common stock on the New York Stock Exchange (the "NYSE") on the trading day immediately prior to the date of delivery of such shares. The shares of restricted stock were delivered to the Reporting Person on February 23, 2026 and, as such, the price per share used to determine the tax withholding related to such delivered shares was the NYSE closing price per share of the Issuer's common stock on February 20, 2026.
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FAQ
What insider transaction did Park Hotels & Resorts (PK) report for Carl A. Mayfield?
Park Hotels & Resorts reported that EVP Carl A. Mayfield surrendered 4,108 common shares in a tax-withholding disposition. The shares were used to satisfy tax obligations tied to vesting of 8,198 restricted shares previously granted under the company’s 2017 Omnibus Incentive Plan.