Park Hotels & Resorts (NYSE: PK) EVP reports 49,474-share grant, tax share surrender
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Park Hotels & Resorts Inc. executive Nancy M. Vu, EVP, General Counsel & Secretary, reported equity compensation and a related tax-withholding transaction. On February 12, 2026, she acquired 49,474 shares of common stock as an annual restricted stock award that will vest in three equal installments on each of the first three anniversaries of the grant date, subject to her continued service. This brought her direct beneficial ownership to 219,579 common shares. On February 13, 2026, she surrendered 4,424 common shares at $11.42 per share to the company to cover tax withholding obligations arising from the vesting of 9,809 previously granted restricted shares, leaving her with 215,155 directly owned common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Vu Nancy M.
Role
EVP,Gen. Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,424 | $11.42 | $51K |
| Grant/Award | Common Stock | 49,474 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 215,155 shares (Direct)
Footnotes (1)
- Represents an annual 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) (the "Plan"), approved by the Compensation & Human Capital Committee (the "Committee") of the Issuer, which shares will vest ratably on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service on such dates. Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 9,809 shares of restricted stock previously granted to the Reporting Person pursuant to the Plan. 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 13, 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 12, 2026.
FAQ
What insider transactions did Park Hotels & Resorts (PK) report for Nancy M. Vu?
Nancy M. Vu reported two transactions: an acquisition of 49,474 restricted common shares on February 12, 2026, and a surrender of 4,424 common shares on February 13, 2026 to satisfy tax withholding obligations tied to vesting of earlier restricted stock awards.