PRKS Form 4 shows new 825 and 353 share option grants
Rhea-AI Filing Summary
United Parks & Resorts Inc. (PRKS) reported an equity award to its Chief Accounting Officer on a Form 4. On 11/11/2025, the officer received two employee stock options to purchase common stock at an exercise price of $34.33 per share. One option covers 825 shares and becomes exercisable over three years, with one-third becoming exercisable on each of the first three anniversaries of the grant date, and expires on 11/12/2035. A second option covers 353 shares, vests over three years in equal one-third installments on the first three anniversaries of the grant date, and any vested portions become exercisable based on continued employment or, in some cases, a period following termination. Both option positions are reported as held with direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Emploee Stock Option (right to buy) | 825 | $0.00 | -- |
| Grant/Award | Employee Stock Option (right to buy) | 353 | $0.00 | -- |
Footnotes (1)
- The option becomes exercisable over three years, with one-third (1/3) becoming exercisable on each of the first three anniversaries of the date of grant. The option vests over three years, with one-third (1/3) vesting on each of the first three anniversaries of the date of grant. Any vested options become exercisable: (1) one year after the original final vesting date of the grant, if employed at such date; or (2) the second anniversary of the termination of the officer's employment with the Issuer.
FAQ
What did United Parks & Resorts Inc. (PRKS) disclose in this Form 4?
This Form 4 discloses that the Chief Accounting Officer of United Parks & Resorts Inc. (PRKS) received two employee stock option grants to purchase common stock on 11/11/2025.
What is the exercise price and expiration date of the reported PRKS stock options?
Both employee stock option grants have an exercise price of $34.33 per share and an expiration date of 11/12/2035, as stated in the filing.
How do the PRKS stock options for the Chief Accounting Officer vest and become exercisable?
One option for 825 shares becomes exercisable over three years, with one-third on each of the first three anniversaries of the grant date. The other option for 353 shares vests over three years in one-third annual installments, and vested options become exercisable based on conditions tied to the original final vesting date or the officer's termination date.
Is the ownership of the reported PRKS derivative securities direct or indirect?
The Form 4 shows that the reported employee stock options are held with direct ownership by the reporting officer.