Tax-withholding share disposition reported by Park Hotels (NYSE: PK) EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Park Hotels & Resorts EVP Jill C. Olander reported a tax-related share disposition. On February 23, 2026, she surrendered 2,106 shares of common stock at $11.25 per share to Park Hotels & Resorts Inc. to satisfy tax withholding obligations tied to vesting equity awards.
The withholding relates to 4,202 shares of restricted stock that vested under the company’s 2017 Omnibus Incentive Plan. After this tax-withholding disposition, Olander directly owned 193,727 shares of Park Hotels & Resorts common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Olander Jill C
Role
EVP, Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,106 | $11.25 | $24K |
Holdings After Transaction:
Common Stock — 193,727 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Park Hotels & Resorts (PK) report for Jill C. Olander?
Park Hotels & Resorts reported that EVP of Human Resources Jill C. Olander surrendered 2,106 shares of common stock to the company. The shares were used to cover tax withholding obligations connected to recently vested restricted stock awards.
Was the Park Hotels & Resorts (PK) Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were surrendered back to Park Hotels & Resorts to pay taxes on vesting restricted stock granted under the company’s 2017 Omnibus Incentive Plan.
What equity award vesting triggered the Park Hotels & Resorts (PK) tax-withholding disposition?
The tax-withholding disposition was triggered by the vesting of 4,202 shares of restricted stock previously granted to Jill C. Olander. These awards were issued under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan and vested on February 23, 2026.
How was the tax withholding price determined in the Park Hotels & Resorts (PK) Form 4?
The tax withholding price was based on the New York Stock Exchange closing price of Park Hotels & Resorts common stock on February 20, 2026. Plan terms required using the closing price from the trading day immediately preceding share delivery.