Park Hotels & Resorts (NYSE: PK) SVP earns 25,524 shares, 8,346 withheld

Rhea-AI Filing Summary

Park Hotels & Resorts Inc. senior vice president and chief accounting officer Darren W. Robb reported equity transactions in company stock. On January 15, 2026, he acquired 25,524 shares of common stock at $0 per share upon vesting of a performance stock unit award granted under the company’s 2017 Omnibus Incentive Plan. The award paid out at 200% of the target number of units based on total shareholder return versus an industry peer group for the performance period from January 1, 2023 through December 31, 2025.

On January 16, 2026, 8,346 shares were withheld by the company at $11.49 per share to cover tax obligations related to the vesting. After these transactions, Robb directly owned 114,968 shares of Park Hotels & Resorts common stock.

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

OMB APPROVAL

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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^*

Robb Darren W

(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)
	SVP and CAO

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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	01/15/2026		A(1)		25,524	A	$0	123,314	D
Common Stock	01/16/2026		F(2)		8,346	D	$11.49	114,968	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 of common stock earned and delivered related to a vested performance stock unit award previously granted on February 16, 2023 pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended and restated from time to time) (the "Plan"). The number of earned performance stock units was based on the achievement of performance criteria as determined by the Compensation & Human Capital Committee of the Issuer's Board of Directors on January 15, 2026 with respect to a performance period commencing on January 1, 2023 and ending on December 31, 2025 (the "Performance Period") and represents 200% of the target number of performance stock units eligible to be earned. The performance criteria measured the Issuer's achievement of certain levels of total shareholder return ("TSR") relative to a pre-determined industry peer group during the Performance Period.

2. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the delivery of shares of common stock earned from the performance stock unit awards previously granted pursuant to the Plan.

Remarks:

	/s/ Nancy Vu, as Attorney-in-Fact	01/20/2026
	** 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).
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FAQ

What insider transactions did Park Hotels & Resorts (PK) report for Darren W. Robb?

The filing reports that Darren W. Robb, senior vice president and chief accounting officer of Park Hotels & Resorts Inc., received 25,524 shares of common stock from a vested performance stock unit award on January 15, 2026, and had 8,346 shares withheld on January 16, 2026 to satisfy tax obligations.

How many Park Hotels & Resorts (PK) shares does Darren W. Robb own after these transactions?

Following the reported transactions, Darren W. Robb directly owned 114,968 shares of Park Hotels & Resorts Inc. common stock.

What was the basis for the performance stock unit payout reported by Park Hotels & Resorts (PK)?

The number of performance stock units earned was determined by the Compensation & Human Capital Committee based on total shareholder return relative to a pre-determined industry peer group over a performance period from January 1, 2023 to December 31, 2025, resulting in a payout of 200% of the target units.

Why did Park Hotels & Resorts (PK) withhold 8,346 shares from Darren W. Robb?

The 8,346 shares of common stock were withheld by Park Hotels & Resorts Inc. at a price of $11.49 per share to satisfy tax withholding obligations arising from the delivery of shares earned under the performance stock unit awards.

What role does the 2017 Omnibus Incentive Plan play in this Park Hotels & Resorts (PK) Form 4?

The reported equity award was granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan. The vested performance stock units, which converted into 25,524 shares of common stock, were issued pursuant to this plan.

What officer position does the reporting person hold at Park Hotels & Resorts (PK)?

The reporting person, Darren W. Robb, is identified as an officer of Park Hotels & Resorts Inc. with the title SVP and CAO (senior vice president and chief accounting officer).