Stephen I. Sadove - 24 Mar 2025 Form 4 Insider Report for Park Hotels & Resorts Inc. (PK)

Role
Director
Signature
/s/ Nancy Vu, as Attorney-in-Fact
Issuer symbol
PK
Transactions as of
24 Mar 2025
Net transactions value
$0
Form type
4
Filing time
26 Mar 2025, 16:10:07 UTC
Previous filing
25 Feb 2025
Next filing
23 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PK Common Stock Award $0 +2,784 +4.2% $0.000000 68,819 24 Mar 2025 Direct F1
holding PK Common Stock 20,000 24 Mar 2025 By Family Trust F2
holding PK Common Stock 23,816 24 Mar 2025 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 2025 ("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 24, 2025, 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.