United Parks & Resorts (PRKS) officer has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
United Parks & Resorts Inc. reported an insider tax-related share disposition by officer James W. Forrester Jr. On the vesting of restricted stock units, the company withheld 329 shares of common stock to cover tax liabilities at a value of $33.92 per share. After this withholding, Forrester’s directly owned stake stands at 26,802 common shares. This was a tax-withholding disposition, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Forrester James W Jr
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 329 | $33.92 | $11K |
Holdings After Transaction:
Common Stock — 26,802 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did United Parks & Resorts (PRKS) report?
United Parks & Resorts reported a tax-related share disposition by officer James W. Forrester Jr. The company withheld 329 common shares upon RSU vesting to cover tax liabilities, rather than executing an open-market trade, leaving his direct holdings at 26,802 shares.
What does transaction code F mean in the PRKS Form 4 filing?
Transaction code F indicates shares were disposed of to pay exercise price or tax liabilities. In this PRKS filing, 329 shares were withheld by the company to cover taxes on restricted stock unit vesting, rather than sold voluntarily on the open market.