[Form 4] United Parks & Resorts Inc. Insider Trading Activity
United Parks & Resorts Inc. (PRKS) reported an insider equity award for its Chief Executive Officer on a Form 4. On 11/11/2025, the CEO received an employee stock option to buy 9,176 shares of common stock at an exercise price of $34.33 per share, expiring on 11/12/2035. A second employee stock option for 3,932 shares was granted on the same date with the same exercise price and expiration.
Both option grants vest over three years, with one-third becoming exercisable on each of the first three anniversaries of the grant date. For the second option, any vested options become exercisable either one year after the original final vesting date if the CEO is still employed then, or on the second anniversary of the termination of the CEO’s employment with the company.
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FAQ
What insider transaction did PRKS report for its CEO?
PRKS reported that its Chief Executive Officer received two employee stock option grants on 11/11/2025 to purchase shares of the company’s common stock.
How many PRKS shares are covered by the CEO’s new stock options?
The CEO received one option covering 9,176 shares of common stock and a second option covering 3,932 shares of common stock.
What is the exercise price and expiration date of the PRKS CEO options?
Both employee stock options have an exercise price of $34.33 per share and an expiration date of 11/12/2035.
How do the PRKS CEO stock options vest and become exercisable?
Each option vests over three years, with one-third becoming exercisable on each of the first three anniversaries of the grant date.
Are there special exercisability conditions for one of the PRKS CEO option grants?
Yes. For the second option, any vested options become exercisable either one year after the original final vesting date if the CEO is still employed, or on the second anniversary of the termination of the CEO’s employment with the issuer.
What SEC form was used to disclose the PRKS CEO option grants?
The transactions were disclosed on a Form 4, which reports changes in the beneficial ownership of company securities by insiders.