Form 4: HGV CFO Daniel Mathewes Reports Stock Tax Withholding
Statement of Changes in Beneficial Ownership
Hilton Grand Vacations CFO Daniel Mathewes reported the withholding of 811 shares to cover tax obligations related to restricted stock unit vesting.
Summary
- Daniel Mathewes, President & CFO of Hilton Grand Vacations, executed a transaction on April 1, 2026.
- The transaction involved the withholding of 811 shares of common stock by the company.
- The shares were withheld at a price of $40.46 per share.
- The withholding was conducted to satisfy tax obligations associated with the vesting of 1,961 restricted stock units.
- Following this transaction, the reporting person maintains a direct beneficial ownership of 214,533 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax settlement rather than a strategic or market-driven decision.
Positives
- The transaction is a routine administrative action related to tax compliance rather than a discretionary sale of shares.
- The reporting person retains a significant equity stake of 214,533 shares in the company.
Negatives
- The transaction results in a minor reduction of the reporting person's direct share ownership.
Risks
- None identified; this is a standard tax-related transaction.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Management Comments
- The filing contains no narrative comments from management beyond the required disclosure of the transaction.
Industry Context
StockSavvy.ai notes that tax withholding transactions are standard industry practice for executives receiving equity-based compensation and do not typically signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction follows standard SEC reporting requirements for executive equity compensation.
- The use of 'sell-to-cover' or withholding shares for taxes is a common practice among S&P 500 and hospitality sector executives.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a standard tax compliance measure.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Date of the reported transaction involving tax withholding. |
| 04/02/2026 | Date of filing for the Form 4 statement. |
Keywords
Hilton Grand Vacations, HGV, Insider Trading, Form 4, Tax Withholding, Executive Compensation
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