United Parks CEO has 2,798 shares withheld for tax
CEO Marc Swanson had shares withheld to cover taxes on RSU vesting and now holds 387,930 PRKS shares directly.
Rhea-AI Filing Summary
United Parks & Resorts Inc. (PRKS) reported that Chief Executive Officer Marc Swanson had 2,798 shares of common stock withheld on June 30, 2026 to cover a tax liability arising from the vesting of restricted stock units. The shares were valued at $47.74 per share for this withholding.
After this tax-withholding transaction, Swanson directly holds 387,930 shares of United Parks & Resorts common stock. The filing states this was a payment of tax liability by delivering or withholding securities, and no Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Tax Withholding: 2,798 shares
Tax Withholding
1 txn
Insider
Swanson Marc
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,798 | $47.74 | $134K |
Holdings After Transaction:
Common Stock — 387,930 shares (Direct)
Footnotes (1)
- F1. Shares withheld by the Company for the payment of tax liability incident to the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 2,798 shares
Per-share value for tax withholding: $47.74 per share
Shares held after transaction: 387,930 shares
3 metrics
Shares withheld for taxes
2,798 shares
Common stock withheld on June 30, 2026 to pay tax liability on RSU vesting
Per-share value for tax withholding
$47.74 per share
Valuation used for the 2,798 withheld shares in the tax-liability transaction
Shares held after transaction
387,930 shares
Direct PRKS common stock holdings of Marc Swanson following the June 30, 2026 transaction
Key Terms
restricted stock units, tax liability, withheld by the Company, payment of tax liability by delivering or withholding securities
4 terms
restricted stock units financial
"incident to the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"for the payment of tax liability incident to the vesting"
withheld by the Company financial
"Shares withheld by the Company for the payment of tax liability"
payment of tax liability by delivering or withholding securities financial
"Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did PRKS CEO Marc Swanson report on June 30, 2026?
Marc Swanson reported that 2,798 PRKS common shares were withheld on June 30, 2026 to pay a tax liability associated with the vesting of restricted stock units. This was a tax-withholding disposition rather than an open-market sale.
Was Marc Swanson’s June 30, 2026 PRKS transaction an open-market sale?
No. The Form 4 states the transaction was a payment of tax liability by delivering or withholding securities in connection with RSU vesting, not an open-market sale or purchase.
Was Marc Swanson’s PRKS tax-withholding transaction under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming such a plan, and there is no footnote indicating that the June 30, 2026 transaction was made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.