BlackRock reports 14.7% stake in Park Hotels

BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Park Hotels & Resorts Inc. common stock.

Rhea-AI Filing Summary

BlackRock, Inc. filed an amended Schedule 13G reporting its beneficial ownership in Park Hotels & Resorts Inc. common stock. BlackRock reports beneficial ownership of 29,586,347 shares, representing 14.7% of the outstanding common stock. It holds 28,909,892 shares with sole voting power and 29,586,347 shares with sole dispositive power, with no shared voting or dispositive power. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of the company’s outstanding common shares.

Key Figures

Beneficially owned shares: 29,586,347 shares Ownership percentage: 14.7% Sole voting power: 28,909,892 shares +3 more

6 metrics

Beneficially owned shares 29,586,347 shares Common stock of Park Hotels & Resorts Inc. reported by BlackRock

Ownership percentage 14.7% Percent of Park Hotels & Resorts Inc. common stock class

Sole voting power 28,909,892 shares Shares over which BlackRock has sole power to vote or direct the vote

Sole dispositive power 29,586,347 shares Shares over which BlackRock has sole power to dispose or direct disposition

Shared voting power 0 shares No shared power to vote or direct the vote reported

Shared dispositive power 0 shares No shared power to dispose or direct disposition reported

Key Terms

beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more

5 terms

beneficially owned financial

"this reflects the securities beneficially owned, or deemed to be beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Sole Voting Power 28,909,892.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Sole Dispositive Power 29,586,347.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Schedule 13G regulatory

"In accordance with SEC Release No. 34-39538 this reflects the securities"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

parent holding company regulatory

"If a parent holding company has filed this schedule, pursuant to (ii)(G)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of Park Hotels & Resorts Inc. (PK) does BlackRock currently report owning?

BlackRock reports beneficial ownership of 14.7% of Park Hotels & Resorts Inc. common stock. This corresponds to 29,586,347 shares as disclosed in Item 4, making BlackRock a significant institutional shareholder in the company.

How many Park Hotels & Resorts Inc. (PK) shares does BlackRock report as beneficially owned?

BlackRock reports beneficial ownership of 29,586,347 Park Hotels & Resorts Inc. common shares. These shares are held across certain reporting business units of BlackRock and its subsidiaries, as described in the ownership section.

What voting power does BlackRock have over Park Hotels & Resorts Inc. (PK) shares?

BlackRock has sole voting power over 28,909,892 shares of Park Hotels & Resorts Inc. and no shared voting power. This means BlackRock alone can vote or direct the vote for those reported shares.

What dispositive power does BlackRock report over Park Hotels & Resorts Inc. (PK) stock?

BlackRock reports sole dispositive power over 29,586,347 shares of Park Hotels & Resorts Inc. and no shared dispositive power. Sole dispositive power means BlackRock can decide how and when these shares are sold or otherwise disposed of.

Do any BlackRock clients individually own more than 5% of Park Hotels & Resorts Inc. (PK)?

No single BlackRock client holds more than 5% of Park Hotels & Resorts Inc. common shares. Various persons have rights to dividends or sale proceeds, but none exceed the five percent threshold individually.

Who signed the Schedule 13G/A filing for BlackRock regarding Park Hotels & Resorts Inc. (PK)?

The filing was signed by Spencer Fleming, a Managing Director at BlackRock. The signature block confirms his role in executing the Schedule 13G/A on behalf of BlackRock, Inc.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/29/2026 - 03:22 PM Accepted by SEC EDGAR 07/29/2026 - 03:19 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 11)

Park Hotels & Resorts Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

700517105

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 700517105

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 28,909,892.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 29,586,347.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

29,586,347.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

14.7 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Park Hotels & Resorts Inc.
(b)	Address of issuer's principal executive offices: 1775 TYSONS BLVD, 7TH FLOOR TYSONS VA 22102
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 700517105
Item 4.	Ownership
(a)	Amount beneficially owned: 29586347
(b)	Percent of class: 14.7 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 28909892
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 29586347
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of Park Hotels & Resorts Inc.. No one person's interest in the common stock of Park Hotels & Resorts Inc. is more than five percent of the total outstanding common shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	07/29/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7