United Parks CEO granted shares, withholds for taxes
United Parks & Resorts Inc. reports that Chief Executive Officer Marc Swanson received a grant or award of 983 shares of common stock on April 29, 2026.
Rhea-AI Filing Summary
United Parks & Resorts Inc. reports that Chief Executive Officer Marc Swanson received a grant or award of 983 shares of common stock on April 29, 2026. On the same date, 364 shares of common stock were disposed of through withholding to cover tax obligations associated with vesting restricted stock. After these transactions, Swanson directly holds 390,728 shares of United Parks & Resorts common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Swanson Marc
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 983 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 364 | $34.36 | $13K |
Holdings After Transaction:
Common Stock — 390,728 shares (Direct)
Footnotes (2)
- F1. Represents common stock of the Issuer acquired upon settlement of a performance-based restricted stock unit award previously granted to the Reporting Person related to the 2025 Bonus Incentive Plan.
- F2. Shares withheld by the Company for the payment of tax liability incident to the vesting of shares of restricted stock.
Key Figures
Common stock grant: 983 shares
Tax withholding shares: 364 shares
Tax withholding price: $34.3600 per share
+1 more
4 metrics
Common stock grant
983 shares
Non-derivative common stock awarded to Marc Swanson on April 29, 2026
Tax withholding shares
364 shares
Shares withheld in a tax-withholding disposition on April 29, 2026
Tax withholding price
$34.3600 per share
Per-share value for the 364 shares withheld for tax liability
Post-transaction holdings
390,728 shares
Direct common stock held by Marc Swanson after the reported transactions
Key Terms
performance-based restricted stock unit award, 2025 Bonus Incentive Plan, tax liability incident to the vesting of shares, tax-withholding disposition
4 terms
performance-based restricted stock unit award financial
"acquired upon settlement of a performance-based restricted stock unit award"
A performance-based restricted stock unit award is a promise to give company shares to an employee or executive only if the business hits specific targets over a set period. Think of it as a conditional prize that vests like a savings plan: if agreed goals (such as revenue, profit, or stock performance) are met, the recipient receives the shares; if not, they get nothing. Investors pay attention because these awards align management incentives with company results and can affect share count, future earnings and executive behavior.
2025 Bonus Incentive Plan financial
"related to the 2025 Bonus Incentive Plan"
tax-withholding disposition financial
"transaction_action is described as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PRKS CEO Marc Swanson report?
Marc Swanson reported a grant of 983 shares of United Parks & Resorts common stock and a tax-related disposition of 364 shares on April 29, 2026, reflecting equity compensation and associated tax withholding.
What was the tax withholding transaction reported in PRKS Form 4?
The filing shows 364 shares of common stock disposed of at $34.3600 per share through withholding, used to pay tax liabilities arising from the vesting of restricted stock awards granted to Marc Swanson.
Did PRKS indicate these Marc Swanson transactions used a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction, indicating these reported equity grant and tax withholding events were not affirmed as occurring under a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.