United Parks & Resorts officer awarded new stock option grants
Rhea-AI Filing Summary
United Parks & Resorts Inc. reported a Form 4 insider transaction for an officer serving as Chief Park Operations Officer - Florida Parks. On 11/11/2025, the officer received two grants of employee stock options to buy common stock at an exercise price of $34.33 per share. One option grant covers 1,911 shares and becomes exercisable over three years, with one-third becoming exercisable on each of the first three anniversaries of the grant date. The second option grant covers 819 shares and vests over three years on the same one-third annual schedule. Any vested options from the second grant become exercisable either one year after the original final vesting date if still employed, or on the second anniversary of the officer’s employment termination with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Emploee Stock Option (right to buy) | 1,911 | $0.00 | -- |
| Grant/Award | Employee Stock Option (right to buy) | 819 | $0.00 | -- |
Footnotes (1)
- The option becomes exercisable over three years, with one-third (1/3) becoming exercisable on each of the first three anniversaries of the date of grant. The option vests over three years, with one-third (1/3) vesting on each of the first three anniversaries of the date of grant. Any vested options become exercisable: (1) one year after the original final vesting date of the grant, if employed at such date; or (2) the second anniversary of the termination of the officer's employment with the Issuer.
FAQ
What insider transaction did United Parks & Resorts Inc. (PRKS) report?
United Parks & Resorts Inc. reported a Form 4 showing that a company officer received two grants of employee stock options to buy common stock on 11/11/2025.
How many stock options were granted to the United Parks & Resorts (PRKS) officer?
The officer received one option grant for 1,911 shares and a second option grant for 819 shares of United Parks & Resorts common stock.
What is the exercise price of the new stock options at United Parks & Resorts (PRKS)?
Both grants are employee stock options with an exercise price of $34.33 per share of United Parks & Resorts common stock.
How do the new United Parks & Resorts (PRKS) stock options vest and become exercisable?
Each option grant vests or becomes exercisable over three years, with one-third vesting or becoming exercisable on each of the first three anniversaries of the 11/11/2025 grant date.
Are there special exercisability rules for one of the United Parks & Resorts (PRKS) option grants?
Yes. For the second grant, any vested options become exercisable either one year after the original final vesting date if the officer is still employed, or on the second anniversary of the officer’s employment termination with the company.
What is the role of the reporting person in United Parks & Resorts Inc. (PRKS)?
The reporting person is an officer of United Parks & Resorts Inc., serving as Chief Park Operations Officer - Florida Parks.