Park Hotels director receives restricted stock grant
McClements Terri D. reported acquisition or exercise transactions in this Form 4 filing.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,839 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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).
Key Figures
Key Terms
restricted stock financial
2017 Stock Plan for Non-Employee Directors financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Park Hotels & Resorts (PK) report for Terri D. McClements?
What is the nature of the Park Hotels & Resorts (PK) stock award to Terri D. McClements?
What period of service does the Park Hotels & Resorts (PK) stock award cover?
Was Terri D. McClements’ Park Hotels & Resorts (PK) stock award a market purchase or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.