Park Hotels director gets 1,923 shares for board work
The award replaced cash fees payable for third-quarter board service, and the shares vested immediately.
Rhea-AI Filing Summary
Park Hotels & Resorts Inc. (symbol: PK) is the issuer of record for a Form 4 filing submitted to the SEC. Bedient Patricia M reported acquisition or exercise transactions in this Form 4 filing.
Park Hotels & Resorts Inc. director Patricia M. Bedient received an award of 1,923 shares of unrestricted common stock in lieu of cash fees for third-quarter 2026 board service. The shares were granted on September 23, 2026, and vested immediately. Bedient’s direct holdings following the award were 159,885 shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,923 | $0.00 | $0.00 |
Footnotes (1)
- 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 3rd 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, September 30, 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.
Key Figures
Key Terms
unrestricted common stock financial
vested immediately financial
Board Fee financial
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