Park Hotels (PK) EVP uses 1,634 shares to cover restricted stock taxes

Rhea-AI Filing Summary

Park Hotels & Resorts Inc. executive Joseph M. Piantedosi reported a tax-related share disposition. He surrendered 1,634 shares of common stock to the company at $11.20 per share to cover tax withholding upon vesting of 3,623 previously granted restricted shares. After this tax-withholding disposition, he directly holds 117,818 common shares.

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

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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)
02/17/2026

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	02/17/2026		F(1)		1,634	D	$11.2	117,818	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 shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 3,623 shares of restricted stock previously granted to the Reporting Person pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time). 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 17, 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 13, 2026.

Remarks:

	/s/ Nancy Vu, as Attorney-in-Fact	02/19/2026
	** 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 transaction did Park Hotels & Resorts (PK) report for Joseph M. Piantedosi?

Park Hotels & Resorts reported that EVP Joseph M. Piantedosi surrendered 1,634 common shares to the company. This was a tax-withholding disposition related to the vesting of 3,623 restricted shares granted under the 2017 Omnibus Incentive Plan.

Was the Park Hotels & Resorts (PK) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. The 1,634 shares were surrendered back to Park Hotels & Resorts solely to satisfy tax withholding obligations triggered by the vesting of previously granted restricted stock awards.

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

The surrendered shares were valued at $11.20 per share for tax withholding. This price reflects the New York Stock Exchange closing price of Park Hotels & Resorts common stock on February 13, 2026, the trading day before the delivery date.

How many Park Hotels & Resorts (PK) shares does Joseph M. Piantedosi hold after this Form 4 transaction?

After the tax-withholding disposition, Joseph M. Piantedosi directly holds 117,818 shares of Park Hotels & Resorts common stock. This reflects his position following surrendering 1,634 shares to cover taxes on vested restricted stock.

What award triggered the tax-withholding share surrender at Park Hotels & Resorts (PK)?

The surrender was triggered by the vesting of 3,623 restricted stock shares previously granted to Joseph M. Piantedosi. These awards were issued under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan, as amended from time to time.

What does transaction code "F" mean in the Park Hotels & Resorts (PK) Form 4?

Transaction code "F" indicates a tax-withholding disposition. In this case, Joseph M. Piantedosi delivered 1,634 shares back to Park Hotels & Resorts to pay tax obligations due upon vesting of his restricted stock award.