STOCK TITAN

Director at Park Hotels (NYSE: PK) granted 13,839 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Garrett Geoffrey reported acquisition or exercise transactions in this Form 4 filing.

Park Hotels & Resorts Inc. director Geoffrey Garrett received an award of 13,839 shares of Common Stock as restricted stock under the company’s 2017 Stock Plan for Non-Employee Directors. The award is compensation for his Board service from April 24, 2026 through the 2027 annual stockholders’ meeting.

These restricted shares will vest in full on April 30, 2027, or earlier if the 2027 annual meeting is held before that date. Following this grant, Garrett directly holds 68,529 shares of Park Hotels & Resorts Inc. common stock.

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Insider Garrett Geoffrey
Role null
Type Security Shares Price Value
Grant/Award Common Stock 13,839 $0.00 --
Holdings After Transaction: Common Stock — 68,529 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock awarded 13,839 shares Common Stock grant to Geoffrey Garrett on April 24, 2026
Holdings after grant 68,529 shares Total Park Hotels & Resorts common shares held directly after transaction
Vesting date April 30, 2027 Restricted shares vest in full, or earlier if 2027 annual meeting occurs sooner
Service period covered April 24, 2026 through 2027 annual meeting Board service term linked to the restricted stock award
Transaction code A (Grant, award, or other acquisition) Indicates non-derivative restricted stock grant on Form 4
restricted stock financial
"Represents an award of restricted stock pursuant to the Issuer's 2017 Stock Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2017 Stock Plan for Non-Employee Directors financial
"pursuant to the Issuer's 2017 Stock Plan for Non-Employee Directors"
vesting financial
"Such shares will vest in full on April 30, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Board of Directors financial
"in connection with Mr. Garrett's service on the Issuer's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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*
Garrett Geoffrey

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
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 Stock04/24/2026A(1)13,839A$068,529D
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 stock pursuant to the Issuer's 2017 Stock Plan for Non-Employee Directors (as amended and restated as of April 25, 2025) in connection with Mr. Garrett's service on the Issuer's Board of Directors for the period from April 24, 2026 through (and including) the date of the Issuer's 2027 annual meeting of stockholders. Such shares will vest in full on April 30, 2027 (or, if earlier, the date on which the Issuer's 2027 annual meeting of stockholders is held).
Remarks:
/s/ Nancy Vu, as Attorney-in-Fact04/28/2026
** 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)

FAQ

What insider transaction did Park Hotels & Resorts (PK) report for Geoffrey Garrett?

Park Hotels & Resorts reported that director Geoffrey Garrett received 13,839 shares of Common Stock as a restricted stock award. This grant is compensation for his Board service and was not an open-market purchase, reflecting standard non-employee director equity compensation.

How many Park Hotels & Resorts (PK) shares does Geoffrey Garrett hold after this grant?

After the restricted stock award, Geoffrey Garrett holds 68,529 shares of Park Hotels & Resorts common stock directly. This total includes the newly granted 13,839 restricted shares, which are subject to vesting conditions tied to his Board service period and future meeting date.

When do Geoffrey Garrett’s newly granted Park Hotels (PK) restricted shares vest?

The 13,839 restricted shares granted to Geoffrey Garrett vest in full on April 30, 2027. Vesting may occur earlier if Park Hotels & Resorts holds its 2027 annual meeting of stockholders before that date, aligning the award with his Board service term.

What plan governs Geoffrey Garrett’s restricted stock award at Park Hotels & Resorts (PK)?

Geoffrey Garrett’s award was granted under Park Hotels & Resorts’ 2017 Stock Plan for Non-Employee Directors, as amended and restated as of April 25, 2025. The plan provides equity-based compensation to outside directors, aligning their interests with stockholders over a defined service period.

Is Geoffrey Garrett’s Park Hotels (PK) Form 4 transaction a stock purchase or a grant?

The reported Form 4 transaction is a grant of 13,839 restricted shares, not a cash stock purchase. The transaction code “A” denotes a grant or award acquisition, with a price per share of $0.0000, reflecting equity compensation rather than an open-market buying decision.