Park Hotels EVP surrenders shares for tax withholding
Park Hotels & Resorts Inc. executive Nancy M. Vu, EVP, General Counsel & Secretary, reported a tax-related share disposition.
Rhea-AI Filing Summary
Park Hotels & Resorts Inc. executive Nancy M. Vu, EVP, General Counsel & Secretary, reported a tax-related share disposition. On February 23, 2026, she surrendered 3,361 shares of common stock at $11.25 per share to Park Hotels & Resorts to cover tax withholding on the vesting of previously granted restricted stock. A total of 7,452 restricted shares vested under the company’s 2017 Omnibus Incentive Plan, and after this transaction she directly owned 208,043 common shares.
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Insider Trade Summary
Exercise Price or Tax Liability: 3,361 shares
Exercise Price or Tax Liability
1 txn
Insider
Vu Nancy M.
Role
EVP, Gen. Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,361 | $11.25 | $38K |
Holdings After Transaction:
Common Stock — 208,043 shares (Direct)
Footnotes (1)
- F1. Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 7,452 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 23, 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 20, 2026.
FAQ
What insider transaction did Park Hotels & Resorts (PK) report for Nancy M. Vu?
Park Hotels & Resorts reported that EVP and General Counsel Nancy M. Vu surrendered 3,361 common shares to the company. The shares covered tax withholding obligations tied to recently vested restricted stock granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan.
Was Nancy M. Vu’s Park Hotels & Resorts (PK) transaction an open-market sale?
No, Nancy M. Vu’s transaction was a tax-withholding disposition, not an open-market sale. She delivered 3,361 common shares back to Park Hotels & Resorts to satisfy tax obligations arising from the vesting of restricted stock awards previously granted to her.
What equity awards vested for Nancy M. Vu at Park Hotels & Resorts (PK)?
Restricted stock awards totaling 7,452 shares vested for Nancy M. Vu under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan. To cover tax withholding on this vesting, she surrendered 3,361 of her shares back to the company in a non-open-market transaction.
What plan governed Nancy M. Vu’s restricted stock at Park Hotels & Resorts (PK)?
Her restricted stock was granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan. The plan’s restricted stock agreements specify that tax withholding can be satisfied by surrendering shares valued at the New York Stock Exchange closing price on a specified trading day.
AI-generated analysis. How Rhea-AI works. Not financial advice.