United Parks (NYSE: PRKS) officer awarded shares under 2025 bonus plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
United Parks & Resorts Inc. officer Forrester James W Jr reported routine equity compensation activity. On April 29, 2026, he acquired 265 shares of common stock at $0.00 per share as a grant, reflecting settlement of a performance-based restricted stock unit award related to the 2025 Bonus Incentive Plan.
On the same date, 79 shares were disposed of in a tax-withholding disposition at $34.36 per share, with shares withheld by the company to cover tax liabilities from vesting of restricted stock. Following these transactions, he directly owned 26,717 shares of common stock. These entries reflect compensation and tax settlement, not open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Forrester James W Jr
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 265 | $0.00 | -- |
| Tax Withholding | Common Stock | 79 | $34.36 | $3K |
Holdings After Transaction:
Common Stock — 26,717 shares (Direct, null)
Footnotes (1)
- Represents common stock of the Issuer acquired upon settlement of a performance-based restricted stock unit award previously granted to the Reporting Person related to the 2025 Bonus Incentive Plan. Shares withheld by the Company for the payment of tax liability incident to the vesting of shares of restricted stock.
Key Figures
Shares granted: 265 shares
Grant price: $0.00 per share
Tax-withholding shares: 79 shares
+2 more
5 metrics
Shares granted
265 shares
Common stock grant at $0.00 per share on April 29, 2026
Grant price
$0.00 per share
Acquisition price for 265 granted common shares
Tax-withholding shares
79 shares
Shares withheld to cover tax liability on April 29, 2026
Tax-withholding price
$34.36 per share
Value used for 79-share tax-withholding disposition
Post-transaction holdings
26,717 shares
Common stock directly owned after reported transactions
Key Terms
performance-based restricted stock unit award, 2025 Bonus Incentive Plan, tax-withholding disposition, restricted stock
4 terms
performance-based restricted stock unit award financial
"acquired upon settlement of a performance-based restricted stock unit award previously granted"
2025 Bonus Incentive Plan financial
"previously granted to the Reporting Person related to the 2025 Bonus Incentive Plan"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"tax liability incident to the vesting of shares of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
FAQ
What did Forrester James W Jr report in the latest PRKS Form 4?
He reported equity compensation activity, receiving 265 shares of United Parks & Resorts common stock from a performance-based award and having 79 shares withheld to cover taxes, leaving him with 26,717 directly owned shares afterward.
What is the 2025 Bonus Incentive Plan mentioned in the PRKS Form 4?
It is a company bonus program under which a performance-based restricted stock unit award was granted. The filing explains that the 265 shares were acquired upon settlement of this award related to the 2025 Bonus Incentive Plan.
Were there any open-market buys or sells of PRKS stock in this Form 4?
No open-market trades were reported. The Form 4 shows a grant of 265 shares at $0.00 per share and a 79-share tax-withholding disposition, both tied to equity compensation and tax payments rather than market purchases or sales.