Park Hotels (PK) EVP Olander surrenders 2,350 shares for tax withholding

Rhea-AI Filing Summary

Park Hotels & Resorts Inc. executive Jill C. Olander, EVP of Human Resources, reported a tax-related share disposition. She surrendered 2,350 shares of common stock to the company to cover tax withholding tied to the vesting of 4,690 restricted shares granted under the 2017 Omnibus Incentive Plan.

The tax-withholding disposition used a price of $11.20 per share, based on the New York Stock Exchange closing price on February 13, 2026. After this transaction, Olander directly held 195,833 shares of Park Hotels & Resorts common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Olander Jill C

(Last) (First) (Middle)

C/O PARK HOTELS & RESORTS INC.

1775 TYSONS BLVD, 7TH FLOOR

(Street)

TYSONS VA 22102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Park Hotels & Resorts Inc. [ PK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Human Resources

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		F(1)		2,350	D	$11.2	195,833	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 4,690 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 17, 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 13, 2026.

Remarks:

	/s/ Nancy Vu, as Attorney-in-Fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Park Hotels & Resorts (PK) executive Jill C. Olander report on this Form 4?

Jill C. Olander reported surrendering 2,350 shares of Park Hotels & Resorts common stock to the company. This was a tax-withholding disposition connected to the vesting of 4,690 restricted stock shares previously granted under the company’s 2017 Omnibus Incentive Plan.

Was the Park Hotels & Resorts (PK) Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The 2,350 shares were surrendered to Park Hotels & Resorts to satisfy tax withholding obligations arising from the vesting of restricted stock, rather than sold on the market to a third-party buyer.

What price per share was used for Jill C. Olander’s tax-withholding disposition at Park Hotels & Resorts (PK)?

The tax-withholding disposition used a price of $11.20 per share. This price was based on the New York Stock Exchange closing price of Park Hotels & Resorts common stock on February 13, 2026, immediately before the shares were delivered on February 17, 2026.

How many Park Hotels & Resorts (PK) shares did Jill C. Olander hold after the Form 4 transaction?

After the tax-withholding disposition, Jill C. Olander directly held 195,833 shares of Park Hotels & Resorts common stock. This figure reflects her remaining ownership following the surrender of 2,350 shares to cover tax obligations on vesting restricted stock.

What triggered the tax-withholding share surrender reported by Park Hotels & Resorts (PK) EVP Jill C. Olander?

The share surrender was triggered by the vesting of 4,690 shares of restricted stock previously granted to Jill C. Olander. To satisfy tax withholding obligations on that vesting, she delivered 2,350 shares of common stock back to Park Hotels & Resorts.