STOCK TITAN

Park Hotels EVP granted 99K restricted shares

EVP Carl A. Mayfield received a large restricted stock grant in PK that vests after four years of continued service.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Park Hotels & Resorts Inc. (symbol: PK) is the issuer of record for a Form 4 filing submitted to the SEC. Mayfield Carl A. reported acquisition or exercise transactions in this Form 4 filing.

Park Hotels & Resorts Inc. (PK) reported that executive vice president of Design and Construction Carl A. Mayfield received an award of 99,469 restricted shares of common stock on September 3, 2026 under the company’s 2017 Omnibus Incentive Plan. These shares vest in full on the fourth anniversary of the grant date, subject to his continued service, bringing his directly held stake to 413,828 shares.

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Insider Mayfield Carl A.
Role EVP, Design and Construction
Type Security Shares Price Value
Grant/Award Common Stock F1 99,469 $0.00 $0.00
Holdings After Transaction: Common Stock — 413,828 shares (Direct)
Footnotes (1)
  1. F1. Represents an award of restricted shares of common stock of the Issuer under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time), approved by the Compensation & Human Capital Committee of the Issuer, which shares shall vest in full on the fourth anniversary of the grant date, subject to the Reporting Person's continued service on such date.
Restricted shares granted 99,469 shares Equity award to Carl A. Mayfield on September 3, 2026
Price per share for award $0.00 per share Reported grant price for restricted shares
Shares owned after transaction 413,828 shares Direct ownership reported for Carl A. Mayfield after the grant
Vesting period 4 years Restricted shares vest in full on the fourth anniversary of grant date
Transaction date September 3, 2026 Date of restricted stock grant to Carl A. Mayfield
restricted shares of common stock financial
"Represents an award of restricted shares of common stock of the Issuer"
Restricted shares of common stock are company shares that cannot be sold or transferred until specific conditions are met, such as a set time period, performance targets, or regulatory approvals; they are often granted to founders, employees or early investors. They matter to investors because when the restrictions lift those shares can enter the market and increase the supply, potentially diluting existing holders and changing the stock’s price, similar to a locked faucet being opened and more water joining the flow.
2017 Omnibus Incentive Plan financial
"under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan"
Compensation & Human Capital Committee financial
"approved by the Compensation & Human Capital Committee of the Issuer"
continued service financial
"subject to the Reporting Person's continued service on such date"

FAQ

What insider transaction did PK report for Carl A. Mayfield?

PK reported that Carl A. Mayfield, EVP Design and Construction, received a grant of 99,469 restricted shares of common stock on September 3, 2026 as a compensation award, with no cash price per share reported.

How many PK shares does Carl A. Mayfield hold after this grant?

After the September 3, 2026 grant, Carl A. Mayfield is reported to directly own 413,828 shares of Park Hotels & Resorts Inc. common stock.

What are the vesting terms of Carl A. Mayfield’s new PK restricted shares?

The 99,469 restricted shares granted to Carl A. Mayfield will vest in full on the fourth anniversary of the grant date, subject to his continued service with Park Hotels & Resorts Inc. on that date.

Under which plan was the new PK equity award to Carl A. Mayfield granted?

The award of 99,469 restricted shares to Carl A. Mayfield was granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan, as amended, and was approved by the company’s Compensation & Human Capital Committee.

Was Carl A. Mayfield’s PK stock award made under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnote describes the transaction as an equity award approved by the Compensation & Human Capital Committee, rather than a trade under a 10b5-1 plan.

Did Carl A. Mayfield buy PK shares in the open market?

No. The reported transaction is a grant of restricted shares at a stated price of $0.00 per share, classified as a grant or award acquisition, not an open-market purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Mayfield Carl A.

(Last)(First)(Middle)
C/O PARK HOTELS & RESORTS INC
1775 TYSONS BLVD, 7TH FLOOR

(Street)
TYSONS VIRGINIA 22102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Park Hotels & Resorts Inc. [ PK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Design and Construction
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/03/2026A(1)99,469A$0413,828D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted shares of common stock of the Issuer under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended from time to time), approved by the Compensation & Human Capital Committee of the Issuer, which shares shall vest in full on the fourth anniversary of the grant date, subject to the Reporting Person's continued service on such date.
Remarks:
/s/ Nancy Vu, as Attorney-in-Fact09/10/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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