Kyle Robert Miller - 18 Mar 2024 Form 4 Insider Report for United Parks & Resorts Inc. (PRKS)

Signature
/s/ Jeffrey Schwartz, Power of Attorney
Issuer symbol
PRKS
Transactions as of
18 Mar 2024
Net transactions value
-$52,500
Form type
4
Filing time
19 Mar 2024, 16:00:17 UTC
Previous filing
12 Mar 2024
Next filing
15 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRKS Common Stock Sale $52,500 -1,000 -2.6% $52.50* 37,961 18 Mar 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