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[Form 4] United Parks & Resorts Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Connelly Kevin M.

(Last) (First) (Middle)
6240 SEA HARBOR DRIVE

(Street)
ORLANDO FL 32819

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
United Parks & Resorts Inc. [ PRKS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Emploee Stock Option (right to buy) $34.33 11/11/2025 A 825 (1) 11/12/2035 Common Stock 825 $0 825 D
Employee Stock Option (right to buy) $34.33 11/11/2025 A 353 (2) 11/12/2035 Common Stock 353 $0 353 D
Explanation of Responses:
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.
2. 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.
/s/ Dan Bollinger, by Power of Attorney 11/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many PRKS shares are covered by the new stock options?

The filing reports employee stock options covering 825 shares of common stock in one grant and 353 shares of common stock in a separate grant.

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.

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1.81B
26.27M
2.04%
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8.35%
Leisure
Services-miscellaneous Amusement & Recreation
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United States
ORLANDO