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 811 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On April 1, 2025, Daniel Jason Mathewes, the President & Chief Financial Officer of Hilton Grand Vacations Inc. (HGV), disposed of 811 shares of common stock.
- The transaction was executed to satisfy tax withholding requirements related to the vesting of 1,960 restricted stock units.
- The shares were sold at a price of $36.71 per share.
- Following the transaction, Mathewes directly owns 168,715 shares of HGV common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral. It's a routine transaction related to tax obligations, not indicative of a major shift in the company's prospects or management's confidence.
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.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the transaction (stock disposal). |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Hilton Grand Vacations, HGV, Daniel Jason Mathewes, CFO, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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