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Park Hotels grants CFO 166K restricted shares

Park Hotels & Resorts’ CFO received a large time-vested restricted stock award that increases his direct equity stake.

(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. Dell'Orto Sean M. reported acquisition or exercise transactions in this Form 4 filing.

Park Hotels & Resorts Inc. (PK) reported that EVP, CFO & Treasurer Sean M. Dell'Orto received a grant of 165,782 restricted shares of common stock on September 3, 2026. The award was made under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan and vests in full on the fourth anniversary of the grant date, subject to his continued service. Following this grant, he directly holds 774,643 common shares.

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Insider Dell'Orto Sean M.
Role EVP, CFO & Treasurer
Type Security Shares Price Value
Grant/Award Common Stock F1 165,782 $0.00 $0.00
Holdings After Transaction: Common Stock — 774,643 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 165,782 shares Equity award to EVP, CFO & Treasurer on September 3, 2026
Post-transaction holdings 774,643 shares Direct common stock ownership by Sean M. Dell'Orto after grant
Vesting period 4 years Restricted shares vest in full on the fourth anniversary of the grant date
Grant price per share $0.00 per share Compensation-related stock award, not a market purchase
restricted shares financial
"Represents an award of restricted shares of common stock of the Issuer"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
2017 Omnibus Incentive Plan financial
"under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan"
vest in full financial
"which shares shall vest in full on the fourth anniversary"
Compensation & Human Capital Committee financial
"approved by the Compensation & Human Capital Committee of the Issuer"

FAQ

What insider transaction did Park Hotels & Resorts Inc. (PK) disclose for its CFO?

Park Hotels & Resorts Inc. disclosed that EVP, CFO & Treasurer Sean M. Dell'Orto received a grant of 165,782 restricted shares of common stock on September 3, 2026, as an equity award under the company’s 2017 Omnibus Incentive Plan.

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

After the reported grant, Sean M. Dell'Orto directly holds 774,643 shares of Park Hotels & Resorts Inc. common stock, as stated in the Form 4 filing.

What are the vesting terms of the restricted shares granted to the PK CFO?

The 165,782 restricted shares of Park Hotels & Resorts Inc. common stock vest in full on the fourth anniversary of the grant date, contingent on Sean M. Dell'Orto’s continued service through that date.

Under which plan was the Park Hotels & Resorts (PK) restricted stock award granted?

The award was granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan, as amended from time to time, and was approved by the company’s Compensation & Human Capital Committee.

Was the Park Hotels & Resorts (PK) CFO’s Form 4 transaction made under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the footnote describes the transaction as a restricted stock award approved by the Compensation & Human Capital Committee, rather than a trade under a 10b5-1 plan.

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*
Dell'Orto Sean M.

(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, CFO & Treasurer
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)165,782A$0774,643D
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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