Kyle Robert Miller - 28 Feb 2024 Form 4 Insider Report for United Parks & Resorts Inc. (PRKS)

Signature
/s/ Jeffrey Schwartz, Power of Attorney
Issuer symbol
PRKS
Transactions as of
28 Feb 2024
Net transactions value
-$105,000
Form type
4
Filing time
01 Mar 2024, 16:00:18 UTC
Previous filing
15 Dec 2023
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRKS Common Stock Sale $105,000 -2,000 -7.8% $52.50 23,709 28 Feb 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on June 12, 2023.

Remarks:

Title: Chief Park Operations Officer - Florida Parks