STOCK TITAN

United Parks & Resorts (PRKS) CAO logs stock award and tax withholding move

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

United Parks & Resorts Inc. Chief Accounting Officer Kevin M. Connelly reported routine equity compensation activity involving the company’s common stock. On settlement of a performance-based restricted stock unit award related to the 2025 Bonus Incentive Plan, he acquired 151 shares as a grant at no cash cost. The company simultaneously withheld 45 shares to cover associated tax liabilities upon vesting of restricted stock, a non-market, tax-withholding disposition. After these transactions, Connelly directly holds 5,029 shares of common stock, indicating a small net increase in his direct ownership driven by compensation rather than open-market trading.

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Insider Connelly Kevin M.
Role Chief Accounting Officer
Type Security Shares Price Value
Grant/Award Common Stock 151 $0.00 --
Tax Withholding Common Stock 45 $34.36 $2K
Holdings After Transaction: Common Stock — 5,029 shares (Direct, null)
Footnotes (1)
  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.
Tax-withheld shares 45 shares Shares withheld for tax liability on 2026-04-29
Awarded shares 151 shares Grant/acquisition from performance-based RSU settlement on 2026-04-29
Holding after tax withholding 4,923 shares Directly held common stock after F-code transaction
Final direct holdings 5,029 shares Directly held common stock after A-code grant
Reference price for tax withholding $34.36 per share Price per share used for F-code tax-withholding entry
Tax-withholding shares count 45 shares Aggregate tax-withholding shares in transactionSummary
performance-based restricted stock unit financial
"acquired upon settlement of a performance-based restricted stock unit award previously granted"
A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.
2025 Bonus Incentive Plan financial
"award previously granted to the Reporting Person related to the 2025 Bonus Incentive Plan"
restricted stock financial
"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.
tax liability financial
"for the payment of tax liability incident to the vesting"
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Connelly Kevin M.

(Last)(First)(Middle)
6240 SEA HARBOR DRIVE

(Street)
ORLANDO FLORIDA 32819

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
United Parks & Resorts Inc. [ PRKS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/29/2026A151(1)A$0.005,029D
Common Stock04/29/2026F(2)45D$34.364,923D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Shares withheld by the Company for the payment of tax liability incident to the vesting of shares of restricted stock.
/s/ Dan Bollinger, Power of Attorney05/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did PRKS Chief Accounting Officer Kevin Connelly report?

Kevin Connelly reported routine equity compensation activity in PRKS stock. He received 151 shares as a performance-based award and had 45 shares withheld to cover taxes, resulting in a small net increase in directly held common shares to 5,029.

Did Kevin Connelly buy or sell United Parks & Resorts (PRKS) shares on the market?

He did not report any open-market buys or sells. The Form 4 shows a grant of 151 shares and 45 shares withheld for taxes, both arising from equity compensation and vesting mechanics rather than discretionary trading in the public market.

How many United Parks & Resorts (PRKS) shares does Kevin Connelly hold after this Form 4?

Following the reported transactions, Kevin Connelly directly holds 5,029 PRKS common shares. This reflects the net result of 151 shares acquired through a performance-based award and 45 shares withheld by the company for tax obligations tied to restricted stock vesting.

What is the significance of the 45 PRKS shares with transaction code F on the Form 4?

The 45 PRKS shares with code F were withheld by the company to pay tax liabilities from restricted stock vesting. This is a tax-withholding disposition, not an open-market sale, and is a standard administrative step when stock-based awards settle.

What does the 151-share award to Kevin Connelly at United Parks & Resorts represent?

The 151-share award represents common stock acquired upon settlement of a performance-based restricted stock unit tied to the 2025 Bonus Incentive Plan. It is classified as a grant or award acquisition, compensating the executive in equity instead of a cash purchase.