United Parks & Resorts Inc. (PRKS) director awarded 1,254 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Narang Neha Jogani reported acquisition or exercise transactions in this Form 4 filing.
United Parks & Resorts Inc. director Neha Jogani Narang received a grant of 1,254 shares of common stock as equity compensation. The award was granted at no cash cost under the company’s 2025 Omnibus Incentive Plan and vests 100% immediately, bringing her direct holdings to 51,142 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Narang Neha Jogani
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,254 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 51,142 shares (Direct)
Footnotes (1)
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Key Figures
Stock grant size: 1,254 shares
Grant price per share: $0.00 per share
Holdings after grant: 51,142 shares
3 metrics
Stock grant size
1,254 shares
Common Stock grant to director on reported transaction date
Grant price per share
$0.00 per share
Equity compensation, not an open-market purchase
Holdings after grant
51,142 shares
Director’s direct ownership following the reported transaction
Key Terms
Common Stock, 2025 Omnibus Incentive Plan, Grant, award, or other acquisition
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
2025 Omnibus Incentive Plan financial
"Granted under the Issuer's 2025 Omnibus Incentive Plan"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did PRKS director Neha Jogani Narang report?
Director Neha Jogani Narang reported receiving a grant of 1,254 shares of United Parks & Resorts Inc. common stock. The shares were awarded as equity compensation rather than purchased in the market, reflecting part of her overall compensation package with the company.
Was the PRKS stock grant to Neha Jogani Narang an open-market purchase?
No, the 1,254 PRKS shares were granted as compensation, not bought in the open market. The Form 4 shows transaction code A, indicating a grant, award, or other acquisition, with a reported price of $0.00 per share for this award.
How does the PRKS stock grant vest for Neha Jogani Narang?
The 1,254-share PRKS stock grant vests 100% immediately according to the footnote in the Form 4. That means the director’s right to the shares is fully earned at once, with no multi-year vesting schedule or additional service conditions described in this filing.