Park Hotels & Resorts (PK) director receives 1,986-share stock award for Q2 board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bedient Patricia M reported acquisition or exercise transactions in this Form 4 filing.
Park Hotels & Resorts Inc. director Patricia M. Bedient received a grant of 1,986 shares of unrestricted common stock as compensation for serving on the board during the 2nd quarter of 2026. The shares were awarded in lieu of cash fees and vested immediately on June 23, 2026.
Following the grant, she directly holds 157,962 shares of Park Hotels & Resorts common stock. The award was valued using the closing sales price of the company’s stock on the New York Stock Exchange on the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bedient Patricia M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,986 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 157,962 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award: 1,986 shares
Holdings after transaction: 157,962 shares
Grant date: June 23, 2026
+1 more
4 metrics
Stock award
1,986 shares
Unrestricted common stock grant for 2nd quarter 2026 board fees
Holdings after transaction
157,962 shares
Direct ownership following June 23, 2026 grant
Grant date
June 23, 2026
Date shares were granted and vested immediately
Price basis
Closing sales price
Market value based on NYSE closing price on grant date
Key Terms
unrestricted common stock, Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, Board Fee, closing sales price
4 terms
unrestricted common stock financial
"an award of shares of the issuer's unrestricted common stock ("Common Stock")"
Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors financial
"under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, as amended and restated"
Board Fee financial
"in lieu of cash fees payable to the reporting person for service... ("Board Fee")"
closing sales price financial
"market value based on the closing sales price of the issuer's common stock"
FAQ
What insider transaction did Park Hotels & Resorts (PK) disclose for Patricia M. Bedient?
Park Hotels & Resorts reported that director Patricia M. Bedient received 1,986 shares of unrestricted common stock. The shares were granted as compensation for board service during the 2nd quarter of 2026, replacing cash fees she otherwise would have received.
Was the June 23, 2026 Park Hotels & Resorts (PK) insider award a market purchase?
No, the 1,986 shares reported for Patricia M. Bedient were not a market purchase. They were a stock award granted under the 2017 Stock Plan for Non-Employee Directors in lieu of cash board fees for the 2nd quarter of 2026.
How was the value of Patricia M. Bedient’s Park Hotels & Resorts (PK) stock award determined?
The value of the 1,986-share award was based on the closing sales price of Park Hotels & Resorts common stock on the New York Stock Exchange on June 23, 2026, which was the grant date when the shares vested immediately.
What compensation plan covered the Park Hotels & Resorts (PK) stock grant to Patricia M. Bedient?
The award was made under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, as amended and restated. Under this plan, Bedient elected to receive common stock instead of cash fees for her 2nd quarter 2026 board service.