Park Hotels director granted 2,487 shares
NAUGHTON TIMOTHY J reported acquisition or exercise transactions in this Form 4 filing.
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 an award of 2,487 shares of common stock as compensation for his board service during the first quarter of 2026. He elected to take this board fee in stock instead of cash. The shares were granted on March 24, 2026, vested immediately, and were valued using the New York Stock Exchange closing price on the grant date. Following this grant, he directly holds 145,655 shares of Park Hotels & Resorts common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,487 | $0.00 | $0.00 |
Footnotes (1)
- 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 1st 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, March 24, 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.
FAQ
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What insider transaction did Park Hotels & Resorts (PK) report in this Form 4?
What was the purpose of the Park Hotels & Resorts (PK) stock grant to Timothy J. Naughton?
On what date was the Park Hotels & Resorts (PK) director stock award granted and how was it valued?
Was the Park Hotels & Resorts (PK) Form 4 transaction an open-market purchase or a compensation grant?
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