United Parks SEC Filings

Miller Kyle Robert reported acquisition or exercise transactions in this Form 4 filing.

United Parks & Resorts Inc. officer Kyle Robert Miller received an equity award of 12,459 shares of common stock as a grant under the company’s 2025 Omnibus Incentive Plan. These are restricted stock units that vest in four equal annual installments from November 10, 2026 through November 10, 2029.

After this grant, Miller directly holds 51,954 shares of common stock. He must keep at least 50 percent of the net shares he receives upon each vesting until one year after the scheduled final vesting date, or until the second anniversary of his employment termination, whichever applies.

Forrester James W Jr reported acquisition or exercise transactions in this Form 4 filing.

United Parks & Resorts Inc. reported that officer James W. Forrester Jr. received a grant of 1,245 restricted stock units of common stock at no cost, increasing his direct holdings to 27,883 shares. The units vest 30 days after the company hires a permanent Chief Financial Officer, and he must retain at least 50% of the net shares for a period tied to his employment or its termination.

United Parks & Resorts Inc. received an updated ownership filing from the Hill Path complex of entities and individuals. The Schedule 13D amendment states that Scott Ross, through various affiliated Hill Path vehicles and his direct holdings, beneficially owns approximately 57.9% of the company’s 47,135,528 outstanding shares as of May 4, 2026.

The filing explains that this Amendment No. 23 is being made because the ownership percentage changed due to a decrease in the number of shares outstanding, not because of recent open‑market transactions. Hill Path Investment Holdings, Hill Path and Hill Path Holdings are each shown as beneficially owning about 57.7%, or 27,205,306 shares, through their roles over multiple Hill Path funds.

The document also notes director‑level equity awards. On March 31, 2026, Scott Ross was granted 2,751 restricted stock units (RSUs) that vested immediately, contributing to his 74,355 directly held shares, including 5,975 RSUs vesting within 60 days. Director James P. Chambers was granted 1,659 RSUs, also vesting immediately, and now beneficially owns 28,877 shares, including 617 RSUs vesting within 60 days. The reporting group states that, aside from these incentive awards, they have not entered into transactions in the securities of United Parks & Resorts during the prior sixty days.

United Parks & Resorts Inc. (PRKS) reported a seasonally weak first quarter with softer attendance and higher costs. Total revenue fell 3% to $278.3 million as attendance declined 5%, though total revenue per guest rose 2.1% to $86.43 driven by a 5.3% increase in in-park spending per capita.

The company posted a net loss of $34.1 million, wider than the $16.1 million loss a year earlier, with basic and diluted loss per share at $0.69 versus $0.29. Operating expenses, selling, general and administrative costs, and depreciation all increased, including higher self-insurance and IT amortization.

Despite the loss, operating cash flow strengthened to $66.8 million, supported by higher deferred revenue, while capital expenditures rose to $69.6 million, largely for future attractions. The company ended the quarter with cash of $28.9 million, total debt of $2.27 billion, and a stockholders’ deficit of $557.2 million, after repurchasing $92.7 million of shares under its buyback program.

United Parks & Resorts Inc. reported softer first quarter 2026 results as bad weather and lower international visitation weighed on attendance and earnings. Attendance was 3.22 million guests, down 5% from 2025, driving total revenue down 3% to $278.3 million.

The company recorded a net loss of $34.1 million, compared with a $16.1 million loss a year earlier, while Adjusted EBITDA declined 14.1% to $58.0 million. Despite lower volume, total revenue per guest rose 2.1% to $86.43, with in-park per capita spending up 5.3% to a record $40.62.

Cash generation improved, with net cash from operating activities increasing to $66.8 million, though Free Cash Flow was slightly negative at $(2.8) million after higher capital spending. The company was active in buybacks, repurchasing about 2.6 million shares for $92.7 million in the quarter and a further 1.8 million shares for $64.8 million through May 8, 2026, while highlighting a strong 2026 slate of new rides and attractions.

United Parks & Resorts Inc. reported that Chief Legal Officer Thomas Brian Kelly received new equity awards. He was granted 47,169 shares of common stock as restricted stock units under the company’s 2025 Omnibus Incentive Plan, vesting in four equal annual installments.

He also received an option to buy 29,481 shares of common stock at an exercise price of $33.92 per share, which becomes exercisable in four equal annual installments and expires in 2036. These are compensation grants, not open‑market purchases or sales.

United Parks & Resorts Inc. filed an initial Form 3 for Chief Legal Officer Kelly Thomas Brian. The filing identifies Brian as an officer of the company but shows no reported transactions, exercises, gifts, or other changes in ownership at this time.

United Parks & Resorts Inc. officer Kyle Robert Miller reported equity compensation activity in company stock. On April 29, 2026, he received 145 shares of Common Stock at no cost as a grant related to the 2025 Bonus Incentive Plan, upon settlement of a performance-based restricted stock unit award.

On the same date, 43 shares of Common Stock were withheld by the company at $34.36 per share to cover tax obligations tied to vesting of restricted stock. After these transactions, Miller directly owned 39,538 shares of United Parks & Resorts Inc. Common Stock.