[Form 4] Park Hotels & Resorts Inc. Insider Trading Activity
Park Hotels & Resorts Inc. executive Thomas C. Morey reported a Form 4 transaction involving company common stock.
Rhea-AI Filing Summary
Park Hotels & Resorts Inc. executive Thomas C. Morey reported a Form 4 transaction involving company common stock. On February 23, 2026, he surrendered 5,332 shares to Park Hotels & Resorts to cover tax withholding obligations arising from the vesting of 10,848 previously granted restricted shares. The withholding price was based on the New York Stock Exchange closing price on February 20, 2026, and his directly held stake after this tax-related disposition was 428,639 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 5,332 shares
Exercise Price or Tax Liability
1 txn
Insider
Morey Thomas C
Role
EVP & Chief Investment Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,332 | $11.25 | $60K |
Holdings After Transaction:
Common Stock — 428,639 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 10,848 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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