Director Hartnett receives 5,404 PRKS shares at $46.25 in 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 received a grant of 5,404 shares of Common Stock on June 16, 2026. The award is valued at $46.25 per share and was granted under the issuer’s 2025 Omnibus Incentive Plan. Following this equity grant, Hartnett directly holds 79,557 shares of the company’s common stock. According to the grant terms, the shares vest 100% on the day before the issuer’s 2027 Annual Meeting of Stockholders, tying the award to continued board service.
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 | 5,404 | $46.25 | $250K |
Holdings After Transaction:
Common Stock — 79,557 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 5,404 shares
Grant price: $46.25 per share
Total shares after grant: 79,557 shares
+2 more
5 metrics
Shares granted
5,404 shares
Common Stock award on June 16, 2026
Grant price
$46.25 per share
Value used for the equity grant
Total shares after grant
79,557 shares
Hartnett’s direct ownership following the transaction
Transaction code
A
Grant, award, or other acquisition of Common Stock
Vesting timing
100% before 2027 meeting
Vests day before 2027 Annual Meeting of Stockholders
Key Terms
2025 Omnibus Incentive Plan, Annual Meeting of Stockholders, grant/award acquisition, Common Stock
4 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.
Annual Meeting of Stockholders regulatory
"vests 100% on the day before the 2027 Annual Meeting of Stockholders..."
grant/award acquisition financial
"transaction_action: grant/award acquisition, transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: 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 5,404 shares of United Parks & Resorts Inc. common stock at $46.25 per share. This is a compensation-related equity award, not an open-market purchase or sale.
Was the PRKS transaction a purchase or sale in the open market?
No, the transaction was a grant/award acquisition coded as “A,” not an open-market trade. Hartnett received shares as equity compensation under the company’s 2025 Omnibus Incentive Plan, rather than buying or selling on the market.