Park Hotels director granted 2,487 share award
NATELLI THOMAS A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
NATELLI THOMAS A reported acquisition or exercise transactions in this Form 4 filing.
Park Hotels & Resorts Inc. director Thomas A. Natelli received an award of 2,487 shares of common stock on March 24, 2026. The shares were granted under the company’s 2017 Stock Plan for Non-Employee Directors in lieu of his first-quarter 2026 cash board fees and vested immediately.
After this grant, Natelli directly holds 212,740 common shares. He also has additional indirect holdings, including shares held by several 2011 Receiving Trusts, a limited partnership in which he is a 50% owner and president of the general partner, and limited liability companies where he is a 50% owner and managing member.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,487 shares
Grant/Award
8 txns
Insider
NATELLI THOMAS A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,487 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 212,740 shares (Direct);
Common Stock — 1,570 shares (Indirect, By The TAN 2011 Receiving Trust);
Common Stock — 1,570 shares (Indirect, By The JCN 2011 Receiving Trust);
Common Stock — 1,570 shares (Indirect, By The MJN 2011 Receiving Trust);
Common Stock — 1,570 shares (Indirect, By The NTN 2011 Receiving Trust);
Common Stock — 18,840 shares (Indirect, By LP);
Common Stock — 12,560 shares (Indirect, By LLC)
Footnotes (3)
- F1. The reporting person has elected to receive an award of shares of the issuer's unrestricted common stock ("Common Stock") under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, as amended and restated, in lieu of cash fees payable to the reporting person for service on the issuer's board of directors during the 1st quarter of 2026 ("Board Fee"). The Common Stock was granted on the fifth business day prior to the date that such fees would otherwise have been payable, March 24, 2026, and vested immediately. The Common Stock had a market value based on the closing sales price of the issuer's common stock reported on the New York Stock Exchange on the grant date.
- F2. Shares are owned by a limited partnership, of which the reporting person is a 50% owner and the president of the limited partnership's general partner.
- F3. Shares are owned by a limited liability company, of which the reporting person is a 50% owner and managing member.
FAQ
What insider transaction did Park Hotels & Resorts (PK) disclose for Thomas A. Natelli?
Park Hotels & Resorts reported that director Thomas A. Natelli received 2,487 shares of common stock as a grant. The award came under the 2017 Stock Plan for Non-Employee Directors, paid instead of first-quarter 2026 cash board fees, and the shares vested immediately on March 24, 2026.
Was the Park Hotels (PK) insider transaction a stock purchase or a compensation grant?
The Park Hotels transaction was a compensation grant, not an open-market stock purchase. Director Thomas A. Natelli elected to receive 2,487 unrestricted common shares in lieu of his first-quarter 2026 cash board fees, granted under the company’s stock plan for non-employee directors.
What do the indirect Park Hotels (PK) holdings in the Natelli Form 4 represent?
The indirect holdings represent Park Hotels common shares owned by entities associated with Thomas A. Natelli. These include several 2011 Receiving Trusts, a limited partnership where he is a 50% owner and president of the general partner, and limited liability companies where he is a 50% owner and managing member.
Does the Park Hotels (PK) Form 4 show any insider stock sales by Thomas A. Natelli?
The Form 4 does not show any stock sales by Thomas A. Natelli. It reports a single acquisition of 2,487 common shares as a grant in lieu of cash fees, along with updated direct and indirect holdings, but no open-market or disposition transactions are listed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
