Form 4: Hilton Grand Vacations CFO Mathewes Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Daniel Jason Mathewes, CFO of Hilton Grand Vacations, disposed of 2,527 shares of common stock to cover tax withholding requirements related to vesting restricted stock units.
Summary
- On March 5, 2025, Daniel Jason Mathewes, the President & Chief Financial Officer of Hilton Grand Vacations Inc. (HGV), disposed of 2,527 shares of common stock.
- The transaction was executed to satisfy tax withholding requirements associated with the vesting of 6,110 restricted stock units.
- The shares were sold at a price of $41.76 per share.
- Following the transaction, Mathewes directly owns 174,701 shares of HGV common stock.
Sentiment
Score: 5
Explanation: The document reflects a neutral sentiment as it reports a routine transaction related to tax obligations. It doesn't suggest any positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction appears to be a standard tax-related sale and doesn't necessarily indicate a change in the executive's long-term outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the stock transaction. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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