Park Hotels (PK) EVP gets 41,038 restricted shares, surrenders 4,265 for taxes

Rhea-AI Filing Summary

Park Hotels & Resorts Inc. executive Joseph M. Piantedosi, EVP of Asset Management, reported equity compensation transactions in company stock. On February 12, 2026, he acquired 41,038 restricted shares of common stock at $0 under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan, an annual award that will vest in three equal installments on each of the first three anniversaries of the grant date, subject to his continued service.

On February 13, 2026, he had 4,265 shares of common stock withheld at $11.42 per share and surrendered to the company to cover tax withholding obligations arising from the vesting of 9,455 previously granted restricted shares. After these transactions, he directly beneficially owned 119,452 shares of Park Hotels & Resorts Inc. 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

OMB Number:			3235-0287
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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^*

Piantedosi Joseph M.

(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, Asset Management

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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	02/12/2026		A(1)		41,038	A	$0	123,717	D
Common Stock	02/13/2026		F(2)		4,265	D	$11.42	119,452	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 an annual award of restricted shares of common stock of the Issuer under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time) (the "Plan"), approved by the Compensation & Human Capital Committee (the "Committee") of the Issuer, which shares will vest ratably on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service on such dates.

2. Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 9,455 shares of restricted stock previously granted to the Reporting Person pursuant to the Plan. 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 13, 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 12, 2026.

Remarks:

	/s/ Nancy Vu, as Attorney-in-Fact	02/17/2026
	** 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 insider transactions did PK executive Joseph M. Piantedosi report?

Joseph M. Piantedosi reported receiving an equity award and a tax-related share withholding. He acquired 41,038 restricted common shares on February 12, 2026, and had 4,265 shares withheld on February 13, 2026 to satisfy tax obligations tied to vesting restricted stock.

How many Park Hotels & Resorts (PK) shares does the EVP own after these Form 4 transactions?

After the reported transactions, Joseph M. Piantedosi beneficially owns 119,452 shares of Park Hotels & Resorts common stock. This figure reflects both the 41,038-share restricted stock award and the 4,265 shares surrendered to the issuer to cover tax withholding obligations.

What was the size and nature of the equity award reported by PK’s EVP?

The EVP received an annual award of 41,038 restricted shares of Park Hotels & Resorts common stock. The award was granted under the 2017 Omnibus Incentive Plan and will vest ratably over three years, subject to his continued service with the company on each vesting date.

At what price were Park Hotels & Resorts (PK) shares withheld for taxes in this Form 4?

The 4,265 Park Hotels & Resorts shares surrendered for tax withholding were valued at $11.42 per share. The price reflected the New York Stock Exchange closing price on February 12, 2026, the trading day immediately before delivery of the vested restricted shares.

Why did Park Hotels & Resorts (PK) EVP surrender 4,265 shares to the issuer?

He surrendered 4,265 shares to satisfy tax withholding obligations on the vesting of 9,455 previously granted restricted shares. The applicable restricted stock agreements required using the NYSE closing price from the trading day before delivery to determine the tax withholding value.

How do the restricted shares granted to PK’s EVP vest over time?

The 41,038 restricted shares vest in three equal annual installments. Vesting occurs on each of the first three anniversaries of the grant date, and each installment is contingent on Joseph M. Piantedosi’s continued service with Park Hotels & Resorts on the respective vesting dates.