[Form 4] United Parks & Resorts Inc. Insider Trading Activity
Rhea-AI Filing Summary
United Parks & Resorts Inc. (PRKS)11/11/2025. The officer, identified in the remarks as Chief Legal Officer, General Counsel and Corporate Secretary, was granted an option to buy 2,768 shares of common stock at an exercise price of $34.33 per share, expiring on 11/12/2035. A separate employee stock option for 1,186 shares at the same $34.33 exercise price and 11/12/2035 expiration was also granted.
The first option becomes exercisable over three years, with one-third becoming exercisable on each of the first three anniversaries of the grant date. The second option vests over three years on the same one-third per year schedule, and any vested options 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.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did PRKS report on 11/11/2025?
United Parks & Resorts Inc. reported that an officer received two grants of employee stock options on 11/11/2025, each giving the right to buy common stock at a fixed price.
How many stock options were granted to the PRKS officer and at what price?
The officer was granted one option for 2,768 shares and another for 1,186 shares of common stock, both with an exercise price of $34.33 per share.
When do the new PRKS employee stock options expire?
Both employee stock option grants reported by PRKS have an expiration date of 11/12/2035, after which they can no longer be exercised.
What is the vesting schedule for the 2,768-share PRKS stock option grant?
The 2,768-share option becomes exercisable over three years, with one-third becoming exercisable on each of the first three anniversaries of the grant date.
How does the vesting and exercisability work for the 1,186-share PRKS option grant?
The 1,186-share option vests over three years in one-third increments each year. 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.
What is the reporting person’s role at United Parks & Resorts Inc.?
The reporting person is described in the remarks as the company’s Chief Legal Officer, General Counsel and Corporate Secretary.