Park Hotels & Resorts Inc.'s SEC filings document formal disclosures for a lodging REIT that owns premium-branded hotels and resorts. Recent Form 8-K reports furnish quarterly and annual operating results, supplemental portfolio information, RevPAR and hotel performance data, non-core disposition updates, and Regulation FD presentations describing portfolio changes.
The filing record also covers annual meeting results, definitive proxy materials, director elections, executive compensation, stockholder voting matters, and officer appointments. Capital-structure disclosures include a second amended and restated credit agreement involving Park Intermediate Holdings LLC, with senior unsecured revolving and term loan facilities, alongside related debt and refinancing information.
Park Hotels & Resorts director Patricia M. Bedient received an equity grant of 2,743 shares of unrestricted common stock on June 23, 2025, as compensation for Q2 2025 board service. The shares were granted under the company's 2017 Stock Plan for Non-Employee Directors and vested immediately upon issuance.
Key details of the transaction:
- Transaction was made at $0 cost to the director
- Shares were issued in lieu of cash board fees
- Share value was based on NYSE closing price on grant date
- Following the transaction, Bedient owns 134,215 shares directly
This Form 4 filing represents standard board compensation practice and demonstrates alignment between director and shareholder interests through equity-based compensation.
Park Hotels & Resorts Director Christie B. Kelly reported acquiring 2,865 shares of unrestricted common stock on June 23, 2025, as compensation for board service during Q2 2025. The shares were granted under the company's 2017 Stock Plan for Non-Employee Directors and vested immediately upon issuance.
Key details of the transaction:
- Transaction was executed at $0 cost to the director
- Shares were issued in lieu of cash fees for board service
- Share value was based on NYSE closing price on grant date
- Following the transaction, Kelly owns 142,127 shares directly
- Grant occurred 5 business days before regular fee payment date
This Form 4 filing represents standard board compensation practice where directors elect to receive equity instead of cash payments, demonstrating alignment with shareholder interests.
Park Hotels & Resorts Director Stephen I. Sadove received 3,513 shares of unrestricted common stock on June 23, 2025, as compensation for Q2 2025 board service in lieu of cash fees. The shares were granted under the company's 2017 Stock Plan for Non-Employee Directors and vested immediately upon issuance.
Following the transaction, Sadove's beneficial ownership consists of:
- 87,832 shares held directly
- 20,000 shares held indirectly through the Sadove Family Delaware Dynasty Trust
- 23,816 shares held indirectly through the Stephen I. Sadove Revocable Trust
The stock award was valued based on the NYSE closing price on the grant date. The transaction was reported via Form 4 filing on June 25, 2025, within the required reporting timeline.