Restricted stock award to Park Hotels (NYSE: PK) director McClements

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

McClements Terri D. reported acquisition or exercise transactions in this Form 4 filing.

Park Hotels & Resorts Inc. director Terri D. McClements received an award of 13,839 shares of common stock as restricted stock under the company’s 2017 Stock Plan for Non-Employee Directors. After this grant, she directly holds 47,639 shares of Park Hotels & Resorts common stock.

The restricted shares relate to her Board service from April 24, 2026 through the company’s 2027 annual meeting of stockholders. These shares will vest in full on April 30, 2027, or earlier if the 2027 annual meeting is held before that date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McClements Terri D.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	13,839	$0.00	--

Holdings After Transaction: Common Stock — 47,639 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock award: 13,839 shares Post-transaction holdings: 47,639 shares Award price per share: $0.00 per share +2 more

5 metrics

Restricted stock award 13,839 shares Grant to Terri D. McClements on April 24, 2026

Post-transaction holdings 47,639 shares Common stock directly held after the grant

Award price per share $0.00 per share Restricted stock grant under 2017 Stock Plan

Vesting date April 30, 2027 Restricted shares vest in full, or earlier if 2027 annual meeting occurs sooner

Service period for award April 24, 2026 to 2027 annual meeting Board service period tied to the restricted stock award

Key Terms

restricted stock, 2017 Stock Plan for Non-Employee Directors, annual meeting of stockholders

3 terms

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"

annual meeting of stockholders financial

"through (and including) the date of the Issuer's 2027 annual meeting of stockholders"

Form 4 Insider Transactions: What Each Field Means →

04/28/2026 - 04:15 PM

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^*

McClements Terri D.

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/24/2026		A⁽¹⁾		13,839	A	$0	47,639	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 Ms. McClements' 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-fact	04/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Park Hotels & Resorts (PK) report for Terri D. McClements?

Park Hotels & Resorts reported that director Terri D. McClements received an award of 13,839 shares of restricted common stock. The award is compensation for serving on the Board during the period leading up to the company’s 2027 annual meeting of stockholders.

How many Park Hotels & Resorts (PK) shares does Terri D. McClements hold after this Form 4 grant?

After this grant, Terri D. McClements directly holds 47,639 shares of Park Hotels & Resorts common stock. This figure includes the newly awarded 13,839 restricted shares under the 2017 Stock Plan for Non-Employee Directors, as disclosed in the Form 4 filing.

What is the nature of the Park Hotels & Resorts (PK) stock award to Terri D. McClements?

The award to Terri D. McClements is restricted stock granted under Park Hotels & Resorts’ 2017 Stock Plan for Non-Employee Directors. It functions as equity compensation for her Board service, rather than an open-market purchase, and carries vesting conditions tied to a future date.

When do Terri D. McClements’ Park Hotels & Resorts (PK) restricted shares vest?

The 13,839 restricted shares granted to Terri D. McClements will 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, as specified in the award’s terms.

What period of service does the Park Hotels & Resorts (PK) stock award cover?

The restricted stock award to Terri D. McClements covers her service on Park Hotels & Resorts’ Board from April 24, 2026 through the date of the company’s 2027 annual meeting. This ties the equity compensation directly to a defined Board service period.

Was Terri D. McClements’ Park Hotels & Resorts (PK) stock award a market purchase or compensation grant?

The 13,839 shares reported for Terri D. McClements are a compensation-related restricted stock grant, not a market purchase. The Form 4 lists the transaction code as a grant or award with a price of $0.00 per share under the company’s non-employee director stock plan.