Park Hotels & Resorts (NYSE: PK) EVP Vu gains shares from PSU vesting
Rhea-AI Filing Summary
Park Hotels & Resorts Inc. executive equity update: Executive Vice President, General Counsel & Secretary Nancy M. Vu reported equity transactions in Park Hotels & Resorts Inc. common stock. On January 15, 2026, she acquired 74,848 shares at $0 upon vesting of a performance stock unit award granted under the company’s 2017 Omnibus Incentive Plan, after the company’s Compensation & Human Capital Committee determined performance at 200% of the target level based on relative total shareholder return over a performance period from January 1, 2023 to December 31, 2025. On January 16, 2026, 23,117 shares were withheld by the issuer at a price of $11.49 per share to satisfy tax withholding obligations. Following these transactions, Vu directly holds 170,105 shares of Park Hotels & Resorts Inc. common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 23,117 | $11.49 | $266K |
| Grant/Award | Common Stock | 74,848 | $0.00 | -- |
Footnotes (1)
- Represents shares of common stock earned and delivered related to a vested performance stock unit award previously granted on February 16, 2023 pursuant to the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended and restated from time to time) (the "Plan"). The number of earned performance stock units was based on the achievement of performance criteria as determined by the Compensation & Human Capital Committee of the Issuer's Board of Directors on January 15, 2026 with respect to a performance period commencing on January 1, 2023 and ending on December 31, 2025 (the "Performance Period") and represents 200% of the target number of performance stock units eligible to be earned. The performance criteria measured the Issuer's achievement of certain levels of total shareholder return ("TSR") relative to a pre-determined industry peer group during the Performance Period. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the delivery of shares of common stock earned from the performance stock unit awards previously granted pursuant to the Plan.
FAQ
What insider transactions did PK executive Nancy M. Vu report?
Nancy M. Vu, Executive Vice President, General Counsel & Secretary of Park Hotels & Resorts Inc. (PK), reported the acquisition of 74,848 shares of common stock on January 15, 2026 from a vested performance stock unit award and the withholding of 23,117 shares on January 16, 2026 to cover taxes.
What performance level did Park Hotels & Resorts achieve for Vu’s PSU award?
The performance stock unit award paid out at 200% of the target number of units, based on the company’s total shareholder return relative to a pre-determined industry peer group over the performance period ending December 31, 2025, as determined by the Compensation & Human Capital Committee on January 15, 2026.
What plan governed the equity awards reported by Nancy M. Vu?
The equity awards were granted under the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan (as amended and restated from time to time), and included performance stock units based on relative total shareholder return.