[Form 4] Park Hotels & Resorts Inc. Insider Trading Activity
Park Hotels & Resorts Inc. executive vice president, chief financial officer and treasurer Sean M. Dell'Orto reported a tax-related share transaction.
Rhea-AI Filing Summary
Park Hotels & Resorts Inc. executive vice president, chief financial officer and treasurer Sean M. Dell'Orto reported a tax-related share transaction. He surrendered 6,825 shares of common stock to the company to cover withholding taxes due on the vesting of 15,132 previously granted restricted shares. The tax-withholding price was $11.20 per share, based on the New York Stock Exchange closing price immediately before delivery. After this non‑open‑market disposition, he directly owns 614,977 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 6,825 shares
Exercise Price or Tax Liability
1 txn
Insider
Dell'Orto Sean M.
Role
EVP, CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,825 | $11.20 | $76K |
Holdings After Transaction:
Common Stock — 614,977 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 15,132 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.
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