Park Hotels (NYSE: PK) EVP gets 61,971 restricted shares, surrenders stock for taxes

Rhea-AI Filing Summary

Park Hotels & Resorts Inc. executive Thomas C. Morey, EVP & Chief Investment Officer, reported equity compensation and related tax withholding transactions. On February 12, 2026, he received an annual award of 61,971 restricted common shares under the company’s 2017 Omnibus Incentive Plan, at a stated price of $0 per share. These shares vest in equal installments on each of the first three anniversaries of the grant date, contingent on his continued service.

On February 13, 2026, Morey surrendered 7,018 common shares at $11.42 per share to the company to cover tax withholding triggered by the vesting of 14,278 previously granted restricted shares. After these transactions, he directly beneficially owned 439,922 common shares of Park Hotels & Resorts Inc.

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

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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^*

Morey Thomas C

(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 & Chief Investment Officer

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)		61,971	A	$0	446,940	D
Common Stock	02/13/2026		F(2)		7,018	D	$11.42	439,922	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 14,278 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.
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FAQ

What insider transactions did Park Hotels & Resorts (PK) report for Thomas C. Morey?

Thomas C. Morey reported receiving 61,971 restricted common shares as an annual equity award and surrendering 7,018 shares to cover tax withholding. After these transactions, he directly beneficially owned 439,922 shares of Park Hotels & Resorts Inc. common stock.

How many Park Hotels & Resorts (PK) shares did Thomas C. Morey acquire in the latest Form 4?

He acquired 61,971 restricted common shares as an annual award under Park Hotels & Resorts Inc.’s 2017 Omnibus Incentive Plan. The award was recorded at a price of $0 per share and will vest in three equal annual installments, subject to continued service.

Why did Thomas C. Morey surrender Park Hotels & Resorts (PK) shares in February 2026?

He surrendered 7,018 common shares to Park Hotels & Resorts Inc. to satisfy tax withholding obligations. The obligation arose from the vesting of 14,278 previously granted restricted shares, with the tax value based on the $11.42 NYSE closing price on February 12, 2026.

What is Thomas C. Morey’s Park Hotels & Resorts (PK) share ownership after these transactions?

Following the February 2026 equity award and tax-withholding share surrender, Thomas C. Morey directly beneficially owned 439,922 shares of Park Hotels & Resorts Inc. common stock. This figure reflects his post-transaction direct holdings reported in the Form 4 filing.

How do the new restricted shares for Park Hotels & Resorts (PK) EVP vest?

The 61,971 restricted shares granted to EVP & Chief Investment Officer Thomas C. Morey vest ratably over three years. One-third of the shares vest on each of the first three anniversaries of the grant date, subject to his continued service with the company.

At what price were Park Hotels & Resorts (PK) shares valued for Morey’s tax withholding?

The 7,018 surrendered shares were valued at $11.42 per share for tax withholding purposes. This price was the New York Stock Exchange closing price for Park Hotels & Resorts Inc. common stock on February 12, 2026, the trading day before share delivery.