Form 4: Hilton Grand Vacations Executive Corbin Jr. Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Charles R. Corbin Jr., a Senior Executive Vice President at Hilton Grand Vacations, reports the withholding of 1,451 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 5, 2025, Charles R. Corbin Jr., a Senior Executive Vice President at Hilton Grand Vacations Inc., had 1,451 shares of common stock withheld by the issuer.
- This withholding was to satisfy tax obligations related to the vesting of 5,076 restricted stock units.
- The transaction occurred at a price of $41.76 per share.
- Following the transaction, Corbin Jr. directly owns 113,146 shares of Hilton Grand Vacations Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily concerns internal tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the stock withholding transaction. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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