[Form 4] United Parks & Resorts Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miller Kyle Robert
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,459 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,954 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 12,459 shares
Shares held after grant: 51,954 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
12,459 shares
Restricted stock units granted on May 29, 2026
Shares held after grant
51,954 shares
Total direct common stock holdings following transaction
Grant price per share
$0.0000 per share
Equity award received at no purchase price
Vesting schedule length
4 years
RSUs vest annually from November 10, 2026 to November 10, 2029
Minimum retention requirement
50% of net shares
Portion of vested shares Miller must continue to hold
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, vest over four years, net shares received upon vesting
4 terms
restricted stock units financial
"Represents restricted stock units issued pursuant to the Issuer's 2025 Omnibus Incentive Plan, which vest over four years"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Omnibus Incentive Plan financial
"restricted stock units issued pursuant to the Issuer's 2025 Omnibus Incentive Plan, which vest over four years"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
vest over four years financial
"which vest over four years, with one fourth (1/4) vesting on each of November 10, 2026, November 10, 2027, November 10, 2028, and November 10, 2029"
FAQ
What insider transaction did PRKS officer Kyle Robert Miller report?
Kyle Robert Miller reported receiving 12,459 restricted stock units of United Parks & Resorts common stock as a grant. The award was issued under the company’s 2025 Omnibus Incentive Plan and increases his direct holdings to 51,954 shares after the transaction.
How do the PRKS restricted stock units granted to Kyle Robert Miller vest?
The 12,459 restricted stock units vest in four equal annual installments. One quarter vests on each of November 10, 2026, November 10, 2027, November 10, 2028, and November 10, 2029, aligning Miller’s compensation with longer-term company performance and retention goals.
What holding requirements apply to Kyle Robert Miller’s PRKS RSU grant?
Miller must retain at least 50% of the net shares he receives at each vesting. He must hold them until one year after the original final vesting date if still employed, or until the second anniversary of his employment termination, whichever condition applies under the plan terms.