Park Hotels CEO surrenders shares for tax

Park Hotels & Resorts Inc. CEO Thomas J. Baltimore Jr. reported a tax-related share disposition.

Rhea-AI Filing Summary

Park Hotels & Resorts Inc. CEO Thomas J. Baltimore Jr. reported a tax-related share disposition. He surrendered 22,068 shares of common stock at $11.25 per share to the company to satisfy withholding taxes triggered by the vesting of 44,899 previously granted restricted shares. After this tax-withholding disposition, he directly owned 2,005,992 common shares.

Insider Trade Summary

Exercise Price or Tax Liability: 22,068 shares

Exercise Price or Tax Liability 1 txn

Insider Baltimore Thomas J Jr

Role CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	22,068	$11.25	$248K

Holdings After Transaction: Common Stock — 2,005,992 shares (Direct)

Footnotes (1)

1. F1. Represents shares surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 44,899 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Park Hotels & Resorts (PK) disclose in this Form 4?

Park Hotels & Resorts reported its CEO surrendered 22,068 common shares to the company. This tax-withholding disposition covered obligations from the vesting of 44,899 restricted shares under the 2017 Omnibus Incentive Plan.

Was the Park Hotels & Resorts (PK) CEO’s Form 4 transaction an open-market sale?

No, the CEO’s Form 4 transaction was not an open-market sale. The 22,068 shares were surrendered back to the company solely to satisfy tax withholding obligations upon restricted stock vesting.

How many Park Hotels & Resorts (PK) shares did the CEO surrender for tax withholding?

The CEO surrendered 22,068 shares of Park Hotels & Resorts common stock. These shares were used to cover tax withholding due on the vesting of 44,899 restricted shares granted under the company’s 2017 Omnibus Incentive Plan.

What price was used for the Park Hotels & Resorts (PK) tax-withholding shares?

The tax-withholding shares used a price of $11.25 per share. This price reflected the New York Stock Exchange closing price of Park Hotels & Resorts common stock on the trading day before the shares were delivered.

How many Park Hotels & Resorts (PK) shares does the CEO own after this Form 4 transaction?

Following the tax-withholding disposition, the CEO directly owned 2,005,992 Park Hotels & Resorts common shares. This figure reflects his direct holdings after surrendering 22,068 shares back to the company for tax purposes.

What triggered the Park Hotels & Resorts (PK) CEO’s tax-withholding share surrender?

The surrender was triggered by the vesting of 44,899 restricted shares. These shares were previously granted to the CEO under Park Hotels & Resorts’ 2017 Omnibus Incentive Plan and vested on February 23, 2026.

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Accepted by SEC EDGAR 02/25/2026 - 04:10 PM EST Learn about SEC filing dates

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

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^*

Baltimore Thomas J Jr

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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	02/23/2026		F(1)		22,068	D	$11.25	2,005,992	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 surrendered to the Issuer by the Reporting Person to satisfy tax withholding obligations due upon the vesting of 44,899 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.

Remarks:

	/s/ Nancy Vu, as Attorney-in-Fact	02/25/2026
	** 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).
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.