United Parks & Resorts (PRKS) director receives 5,404-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gray William reported acquisition or exercise transactions in this Form 4 filing.
United Parks & Resorts Inc. director William Gray reported receiving a grant of common stock as equity compensation. He was awarded 5,404 shares at a reference price of $46.25 per share under the issuer’s 2025 Omnibus Incentive Plan. Following this award, his direct holdings increased to 75,463 shares of common stock. The granted shares vest 100% on the day before the company’s 2027 Annual Meeting of Stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gray William
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,404 | $46.25 | $250K |
Holdings After Transaction:
Common Stock — 75,463 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant size: 5,404 shares
Grant price: $46.25 per share
Post-transaction holdings: 75,463 shares
+1 more
4 metrics
Equity grant size
5,404 shares
Common stock award to director William Gray
Grant price
$46.25 per share
Reference price for the awarded common stock
Post-transaction holdings
75,463 shares
William Gray’s direct ownership after the grant
Vesting timing
Day before 2027 annual meeting
100% vesting date for the granted shares
Key Terms
2025 Omnibus Incentive Plan, grant, award, or other acquisition, Annual Meeting of Stockholders
3 terms
2025 Omnibus Incentive Plan financial
"Granted under the Issuers 2025 Omnibus Incentive Plan and vests 100%..."
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.
grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
Annual Meeting of Stockholders regulatory
"vests 100% on the day before the 2027 Annual Meeting of Stockholders"
FAQ
What insider transaction did United Parks & Resorts (PRKS) report for William Gray?
United Parks & Resorts reported that director William Gray received a grant of 5,404 shares of common stock as equity compensation. The award was reported at $46.25 per share and was made under the company’s 2025 Omnibus Incentive Plan.
Was the PRKS insider transaction by William Gray an open-market stock purchase?
No, William Gray did not make an open-market purchase. He received 5,404 shares of United Parks & Resorts common stock as a compensation grant, classified as a grant, award, or other acquisition rather than a market buy transaction.
Under which plan was William Gray’s United Parks & Resorts (PRKS) stock grant issued?
William Gray’s 5,404-share grant was issued under United Parks & Resorts’ 2025 Omnibus Incentive Plan. This plan governs equity-based awards to eligible participants, including directors, and sets the vesting schedule and other key terms.