Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PK | Common Stock | Award | $0 | +1.83K | +3.74% | $0.00 | 50.9K | Mar 22, 2024 | Direct | F1 |
holding | PK | Common Stock | 20K | Mar 22, 2024 | By Family Trust | F2 | |||||
holding | PK | Common Stock | 23.8K | Mar 22, 2024 | By Trust | F3 |
Id | Content |
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F1 | The reporting person has elected to receive an award of shares of the issuer's unrestricted common stock ("Common Stock") under the Park Hotels & Resorts Inc. 2017 Stock Plan for Non-Employee Directors, as amended, in lieu of cash fees payable to the reporting person for service on the issuer's board of directors during the 1st quarter of 2024 ("Board Fee"). The Common Stock was granted on the fifth business day prior to the date that such fees would otherwise have been payable, March 22, 2024, and vested immediately. The Common Stock had a market value based on the closing sales price of the issuer's common stock reported on the New York Stock Exchange on the grant date. |
F2 | Shares are held by the Sadove Family Delaware Dynasty Trust, of which the reporting person has a pecuniary interest. |
F3 | Shares are held by the Stephen I. Sadove Revocable Trust, of which the reporting person serves as the trustee. |