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Director at Park Hotels & Resorts (PK) takes 1,814-share stock grant as board fee

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NAUGHTON TIMOTHY J reported acquisition or exercise transactions in this Form 4 filing.

Park Hotels & Resorts Inc. director Timothy J. Naughton received a grant of 1,814 shares of common stock on June 23, 2026. This award was taken under the company’s 2017 Stock Plan for Non-Employee Directors in lieu of cash fees for board service in the second quarter of 2026.

The shares were granted as unrestricted stock, vested immediately, and were valued using the closing price on the grant date. After this compensation-related award, Naughton directly holds 161,308 shares of Park Hotels & Resorts common stock.

Positive

  • None.

Negative

  • None.
Insider NAUGHTON TIMOTHY J
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,814 $0.00 --
Holdings After Transaction: Common Stock — 161,308 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 1,814 shares Unrestricted common stock grant on June 23, 2026
Shares held after grant 161,308 shares Direct holdings of Timothy J. Naughton after transaction
Grant price basis Closing price on grant date Market value based on NYSE closing price June 23, 2026
Quarter covered Second quarter 2026 Board fees period compensated in stock instead of cash
unrestricted common stock financial
"award of shares of the issuer's unrestricted common stock ("Common Stock")"
2017 Stock Plan for Non-Employee Directors financial
"under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors"
Board Fee financial
"in lieu of cash fees payable to the reporting person for service on the issuer's board of directors during the 2nd quarter of 2026 ("Board Fee")"
closing sales price financial
"market value based on the closing sales price of the issuer's common stock"
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FAQ

What insider transaction did Park Hotels & Resorts (PK) report for Timothy J. Naughton?

Park Hotels & Resorts reported that director Timothy J. Naughton received 1,814 shares of common stock as a grant. The shares were awarded as compensation for serving on the board during the second quarter of 2026, rather than paying his board fees in cash.

Was the Park Hotels & Resorts (PK) Form 4 transaction a market purchase or a compensation grant?

The Form 4 shows a compensation grant, not a market purchase. Timothy J. Naughton received 1,814 unrestricted shares under the 2017 Stock Plan for Non-Employee Directors in lieu of cash board fees for the second quarter of 2026.

How many Park Hotels & Resorts (PK) shares does Timothy J. Naughton hold after this Form 4?

After the reported grant, Timothy J. Naughton directly holds 161,308 shares of Park Hotels & Resorts common stock. This total reflects his position following the 1,814-share award for second-quarter 2026 board service compensation.

What is the Park Hotels & Resorts (PK) 2017 Stock Plan for Non-Employee Directors?

The 2017 Stock Plan for Non-Employee Directors allows Park Hotels & Resorts to pay directors in stock instead of cash fees. Under this plan, Naughton elected to receive 1,814 unrestricted common shares for his second-quarter 2026 board compensation.

How was the value of Timothy J. Naughton’s Park Hotels (PK) stock grant determined?

The value of the 1,814-share grant was based on the closing sales price of Park Hotels & Resorts common stock on the New York Stock Exchange on June 23, 2026. This closing price was used to translate his second-quarter 2026 board fees into shares.
SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
NAUGHTON TIMOTHY J

(Last)(First)(Middle)
C/O PARK HOTELS & RESORTS INC.
1775 TYSONS BLVD, 7TH FLOOR

(Street)
TYSONS VIRGINIA 22102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Park Hotels & Resorts Inc. [ PK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/23/2026A(1)1,814A$0161,308D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 2nd 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, June 23, 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.
Remarks:
/s/ Nancy Vu, as Attorney-in-Fact06/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)