United Parks & Resorts (PRKS) director receives 1,821-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hartnett Timothy reported acquisition or exercise transactions in this Form 4 filing.
United Parks & Resorts Inc. director Timothy Hartnett reported receiving a grant of 1,821 shares of Common Stock on June 30, 2026. The shares were granted under the company’s 2025 Omnibus Incentive Plan and vest 100% immediately, meaning they are fully owned upon grant.
Following this award, Hartnett directly holds 81,378 shares of United Parks & Resorts Inc. common stock, reflecting a routine, compensation-related increase in his equity stake rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hartnett Timothy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,821 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 81,378 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,821 shares
Grant price: $0.0000 per share
Shares owned after grant: 81,378 shares
3 metrics
Shares granted
1,821 shares
Common Stock grant on June 30, 2026
Grant price
$0.0000 per share
Reported transaction price for the award
Shares owned after grant
81,378 shares
Total direct holdings following the transaction
Key Terms
Grant, award, or other acquisition, 2025 Omnibus Incentive Plan, Common Stock
3 terms
Grant, award, or other acquisition financial
"The transaction code description is "Grant, award, or other acquisition" for the shares."
2025 Omnibus Incentive Plan financial
"Granted under the Issuer's 2025 Omnibus Incentive Plan and vests 100% immediately."
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.
Common Stock financial
"The security title for the reported transaction is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did PRKS director Timothy Hartnett report?
Director Timothy Hartnett reported receiving a grant of 1,821 shares of United Parks & Resorts Inc. Common Stock. The award was recorded as a compensation-related acquisition rather than an open-market trade, reflecting an increase in his equity-based pay.
What plan was used for Timothy Hartnett’s PRKS stock grant?
The 1,821-share grant to Timothy Hartnett was made under United Parks & Resorts Inc.’s 2025 Omnibus Incentive Plan. This plan provides equity-based compensation awards such as stock grants to eligible participants, including directors.
How does the PRKS stock grant to Hartnett vest?
The grant of 1,821 PRKS shares to Timothy Hartnett vests 100% immediately. According to the footnote, there is no waiting or vesting schedule, so the entire award becomes fully owned as of the grant date.