PARK HOTELS & RESORTS INC: State Street Corporation reports beneficial ownership of 9,984,403 shares of Common Stock, representing 5% of the class as of 03/31/2026. The filing shows shared voting power for 8,603,011 shares and shared dispositive power for 9,984,403 shares. The Schedule 13G lists multiple State Street advisory subsidiaries as the reporting entities and is signed by Elizabeth Schaefer, Senior Vice President and Chief Accounting Officer, on 05/12/2026.
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Insights
Large passive stake disclosure: 9,984,403 shares (5%) reported by State Street.
State Street's Schedule 13G lists a 5% beneficial holding with shared voting power of 8,603,011 and shared dispositive power of 9,984,403 as of 03/31/2026. The filing names several State Street advisory subsidiaries as holders.
Because it is a 13G, this filing reflects an institutional ownership disclosure rather than an active acquisition. Subsequent filings could show changes if the position grows above passive thresholds or voting arrangements change.
Shared powers indicate advisory or custodial arrangements rather than sole control.
The filing attributes shared voting and dispositive powers to State Street and its subsidiaries, suggesting holdings managed across investment vehicles. Item text lists entities such as SSGA Funds Management, Inc. and several State Street Global Advisors affiliates.
Signatures and entity listings provide traceable attribution; governance impacts depend on whether holdings are passive or tied to client mandates, and the filing classifies the position under the passive 13G framework.
Key Figures
Filing type:Schedule 13GBeneficial ownership:9,984,403 sharesPercent of class:5%+2 more
5 metrics
Filing typeSchedule 13GDisclosure of institutional ownership
Beneficial ownership9,984,403 sharesas of 03/31/2026
Percent of class5%Common Stock
Shared voting power8,603,011 sharesas reported in Item 4
Signature date05/12/2026Filing signed by Elizabeth Schaefer
"Item 1. Name of issuer: PARK HOTELS & RESORTS INC"
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.
Shared Dispositive Powerfinancial
"Item 4. (iv) Shared power to dispose or to direct the disposition of: 9,984,403"
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.
What stake does State Street (PK) report in Park Hotels & Resorts?
State Street reports beneficial ownership of 9,984,403 shares, equal to 5% of Park Hotels & Resorts' Common Stock as of 03/31/2026. The Schedule 13G lists shared voting power of 8,603,011 and shared dispositive power of 9,984,403.
Does the Schedule 13G indicate active control by State Street over PK?
No. The Schedule 13G classification indicates an institutional disclosure for a passive investor. The filing shows shared voting and dispositive powers across State Street entities, consistent with advisory or custodial roles rather than sole control.
Which State Street entities are named as holders in the filing?
The filing names multiple State Street affiliates, including SSGA Funds Management, Inc., State Street Global Advisors entities in Japan, Europe, Australia, Singapore, and Trust Company affiliates as the reporting subsidiaries involved in the position.
Who signed the Schedule 13G for State Street and when?
The Schedule 13G is signed by Elizabeth Schaefer, Senior Vice President and Chief Accounting Officer, with a signature date of 05/12/2026. The ownership figures are reported as of 03/31/2026.
What do 'shared voting power' and 'shared dispositive power' mean here?
'Shared voting power' and 'shared dispositive power' indicate that the authority to vote or dispose of the shares is exercised jointly or by multiple parties. The filing lists 8,603,011 shares with shared voting power and 9,984,403 with shared dispositive power.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
PARK HOTELS & RESORTS INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
700517105
(CUSIP Number)
03/31/2026
(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
STATE STREET CORPORATION
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
MASSACHUSETTS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
8,603,011.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
9,984,403.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,984,403.00
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)
5 %
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 FL, MC LEAN, VIRGINIA, 22102
Item 2.
(a)
Name of person filing:
STATE STREET CORPORATION;
(b)
Address or principal business office or, if none, residence:
ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)
Citizenship:
MA
(d)
Title of class of securities:
COMMON STOCK
(e)
CUSIP Number(s):
700517105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
9984403.00
(b)
Percent of class:
5 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
8,603,011
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
9,984,403
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
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.
NOT APPLICABLE
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.
SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS (JAPAN) CO., LTD. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS SINGAPORE LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
NOT APPLICABLE
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
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.
