[Form 4] United Parks & Resorts Inc. Insider Trading Activity
United Parks & Resorts Inc. (PRKS) reported that one of its officers, who serves as Chief Commercial Officer, received two grants of employee stock options on 11/11/2025.
Each option is a right to buy common stock at an exercise price of $34.33. One grant covers 4,078 options and the other covers 1,747 options, all reported as directly owned derivative securities.
The first option grant becomes exercisable over three years, with one‑third vesting on each of the first three anniversaries of the grant date. The second grant also vests in three equal annual installments, and any vested options become exercisable either one year after the original final vesting date if the officer is still employed, or on the second anniversary of the officer’s employment termination with the company.
- None.
- None.
FAQ
What insider transaction did United Parks & Resorts Inc. (PRKS) report on this Form 4?
The filing reports that the Chief Commercial Officer of United Parks & Resorts Inc. (PRKS) received two grants of employee stock options on 11/11/2025, each giving the right to buy common stock at an exercise price of $34.33.
How many stock options were granted to the PRKS officer and at what price?
The officer was granted one option for 4,078 shares and a second option for 1,747 shares of United Parks & Resorts common stock, each with an exercise price of $34.33 per share and a reported price of $0 for the grant itself.
What is the vesting schedule for the 4,078-share stock option at United Parks (PRKS)?
The 4,078-share option becomes exercisable over three years, with one-third becoming exercisable on each of the first three anniversaries of the grant date.
How do the 1,747 PRKS stock options vest and when can they be exercised?
The 1,747 stock options vest over three years, with one-third becoming exercisable on each of the first three anniversaries of the grant date. Any vested options become exercisable either one year after the original final vesting date if the officer remains employed, or on the second anniversary of the termination of the officer's employment with the issuer.
Are the reported PRKS stock options held directly or indirectly?
The filing shows that the 4,078 and 1,747 employee stock options are held with ownership form reported as Direct (D).
What role does the reporting person hold at United Parks & Resorts Inc. (PRKS)?
The reporting person is identified as an officer of United Parks & Resorts Inc., serving as the company’s Chief Commercial Officer.