Park Hotels director receives stock fee award
NATELLI THOMAS A reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
NATELLI THOMAS A reported acquisition or exercise transactions in this Form 4 filing.
Park Hotels & Resorts Inc. director Thomas A. Natelli received an award of 1,814 shares of unrestricted common stock on June 23, 2026. This stock grant was taken in lieu of cash fees for his service on the board during the second quarter of 2026 and vested immediately.
After this award, he directly holds 228,393 common shares, with additional indirect holdings through a limited partnership, a limited liability company, and several family receiving trusts.
Insider Trade Summary
Grant/Award: 1,814 shares
Grant/Award
8 txns
Insider
NATELLI THOMAS A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,814 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 228,393 shares (Direct);
Common Stock — 1,570 shares (Indirect, By The TAN 2011 Receiving Trust);
Common Stock — 1,570 shares (Indirect, By The JCN 2011 Receiving Trust);
Common Stock — 1,570 shares (Indirect, By The MJN 2011 Receiving Trust);
Common Stock — 1,570 shares (Indirect, By The NTN 2011 Receiving Trust);
Common Stock — 18,840 shares (Indirect, By LP);
Common Stock — 12,560 shares (Indirect, By LLC)
Footnotes (3)
- F1. 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.
- F2. Shares are owned by a limited partnership, of which the reporting person is a 50% owner and the president of the limited partnership's general partner.
- F3. Shares are owned by a limited liability company, of which the reporting person is a 50% owner and managing member.
Key Figures
Stock grant: 1,814 shares
Grant price: $0.00 per share
Direct holdings after grant: 228,393 shares
+3 more
6 metrics
Stock grant
1,814 shares
Unrestricted common stock award in lieu of Q2 2026 board fees
Grant price
$0.00 per share
Stated transaction price for the stock award
Direct holdings after grant
228,393 shares
Common stock directly owned following June 23, 2026 award
Indirect LP holdings
18,840 shares
Common stock owned by a limited partnership associated with Natelli
Indirect LLC holdings
6,280 shares
Common stock owned by a limited liability company associated with Natelli
Single trust holding example
1,570 shares
Common stock held by each 2011 Receiving Trust
Key Terms
unrestricted common stock, 2017 Stock Plan for Non-Employee Directors, limited partnership, limited liability company, +1 more
5 terms
unrestricted common stock financial
"an award of shares of the issuer's unrestricted common stock ("Common Stock") under the Park Hotels & Resorts Inc. 2017 Stock Plan"
2017 Stock Plan for Non-Employee Directors financial
"under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, as amended and restated, in lieu of cash fees"
limited partnership financial
"Shares are owned by a limited partnership, of which the reporting person is a 50% owner and the president"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
limited liability company financial
"Shares are owned by a limited liability company, of which the reporting person is a 50% owner and managing member."
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
Receiving Trust financial
"By The NTN 2011 Receiving Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Park Hotels & Resorts (PK) director Thomas Natelli report in this Form 4?
Thomas A. Natelli reported receiving 1,814 shares of unrestricted common stock as a grant. The award was taken instead of cash fees for his second-quarter 2026 board service and vested immediately on June 23, 2026.
How are Thomas Natelli’s indirect holdings in Park Hotels & Resorts (PK) structured?
Indirect holdings include shares owned by a limited partnership where he is a 50% owner and president of the general partner, a limited liability company where he is a 50% owner and managing member, and several 2011 Receiving Trusts holding additional common stock positions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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