Form 4: Hilton Grand Vacations Executive Day Erin Reports Tax Withholding Stock Transaction
SEC Form 4 Filing
Executive Vice President Day Erin reports disposition of 753 shares of Hilton Grand Vacations stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 5, 2025, Day Erin, an Executive Vice President at Hilton Grand Vacations Inc., disposed of 753 shares of common stock to satisfy tax withholding requirements.
- The shares were disposed of at a price of $41.76 per share.
- Following the transaction, Day Erin directly owns 50,386 shares of Hilton Grand Vacations Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock units, which is a common practice in executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of stock transaction (disposition of shares for tax withholding). |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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