Park Hotels EVP surrenders shares for taxes
Park Hotels & Resorts Inc. executive Jill C. Olander, EVP of Human Resources, reported a tax-related share disposition.
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.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,350 | $11.20 | $26K |
Footnotes (1)
- F1. 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.
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What did Park Hotels & Resorts (PK) executive Jill C. Olander report on this Form 4?
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