Park Hotels (PK) EVP Olander surrenders 2,350 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Olander Jill C
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,350 | $11.20 | $26K |
Holdings After Transaction:
Common Stock — 195,833 shares (Direct)
Footnotes (1)
- [object Object]
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.