Director at United Parks (NYSE: PRKS) gets 5,404-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHAMBERS JAMES P. reported acquisition or exercise transactions in this Form 4 filing.
United Parks & Resorts Inc. director James P. Chambers received a grant of 5,404 shares of common stock as compensation, at no cash cost, increasing his direct holdings to 64,460 shares. The award was granted under the company’s 2025 Omnibus Incentive Plan and will vest 100% on the day before the 2027 Annual Meeting of Stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHAMBERS JAMES P.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,404 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 64,460 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,404 shares
Price per share: $0.0000 per share
Shares held after: 64,460 shares
+2 more
5 metrics
Shares granted
5,404 shares
Director equity award coded as grant/award acquisition
Price per share
$0.0000 per share
Indicates no cash paid for the granted shares
Shares held after
64,460 shares
Total direct holdings following the grant
Vesting schedule
100% vests before 2027 annual meeting
Vests the day before the 2027 Annual Meeting of Stockholders
Plan name
2025 Omnibus Incentive Plan
Plan under which the 5,404-share award was granted
Key Terms
Omnibus Incentive Plan, Annual Meeting of Stockholders, Grant, award, or other acquisition
3 terms
Omnibus Incentive Plan financial
"Granted under the Issuer's 2025 Omnibus Incentive Plan and vests 100%"
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
Annual Meeting of Stockholders financial
"vests 100% on the day before the 2027 Annual Meeting of Stockholders"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What did United Parks & Resorts (PRKS) director James P. Chambers report on this Form 4?
James P. Chambers reported receiving a grant of 5,404 shares of United Parks & Resorts common stock. This was a compensation award, not an open-market purchase or sale, and was recorded as a direct ownership increase under a company incentive plan.
What type of transaction is reported for PRKS director James P. Chambers?
The filing reports a grant or award acquisition of 5,404 common shares to James P. Chambers. It is coded “A” for grant, award, or other acquisition and represents equity compensation rather than a market trade involving a purchase price per share.