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[8-K] United Parks & Resorts Inc. Reports Material Event

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Rhea-AI Filing Summary

United Parks & Resorts Inc. reported that its Compensation Committee approved a new equity award for Chief Executive Officer Marc Swanson. On December 15, 2025, the committee granted him restricted stock units (RSUs) with a total grant date fair value of $4,000,000, based on the Company’s stock price at the close of trading on the grant date.

The RSUs are scheduled to vest in stages if Mr. Swanson remains Chief Executive Officer on each vesting date: $500,000 on December 31, 2025; $250,000 on June 30, 2026; $250,000 on December 31, 2026; and $1,000,000 on each of December 31, 2027, 2028, and 2029. The award was made under the Company’s 2025 Omnibus Incentive Plan and related award agreement, aligning his compensation with long-term Company performance and continued leadership.

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0001564902false00015649022025-12-152025-12-15

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 15, 2025

 

 

United Parks & Resorts Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-35883

27-1220297

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

6240 Sea Harbor Drive

 

Orlando, Florida

 

32821

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 407 226-5011

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.01 per share

 

PRKS

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 15, 2025, the Compensation Committee of the Board of Directors of United Parks & Resorts Inc. (the “Company”) approved a grant of a number of restricted stock units (“RSUs”) with a grant date fair value of $4,000,000 based on the stock price at the close of trading on the date of grant, to Marc Swanson, the Company’s Chief Executive Officer, with such RSUs vesting as follows: (i) RSUs with a grant date fair value of $500,000 to vest December 31, 2025; (ii) RSUs with a grant date fair value of $250,000 to vest June 30, 2026; (iii) RSUs with a grant date fair value of $250,000 to vest December 31, 2026; (iv) RSUs with a grant date fair value of $1,000,000 to vest December 31, 2027; (v) RSUs with a grant date fair value of $1,000,000 to vest December 31, 2028; and (vi) RSUs with a grant date fair value of $1,000,000 to vest December 31, 2029; in each case pursuant to the Company’s 2025 Omnibus Incentive Plan and the applicable award agreement and provided that Mr. Swanson continues to be the Company’s Chief Executive Officer as of such date.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

UNITED PARKS & RESORTS INC.

 

 

 

 

Date:

December 19, 2025

By:

/s/ G. Anthony (Tony) Taylor

 

 

Name:

Title:

G. Anthony (Tony) Taylor
Chief Legal Officer, General Counsel and Corporate Secretary

 


United Parks

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