Form 4: Hilton Grand Vacations Executive Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Gordon Gurnik, a Senior Executive Vice President & Chief Operating Officer at Hilton Grand Vacations, disposed of shares to cover tax withholding requirements related to vesting restricted stock units.
Summary
- On March 7, 2025, Gordon Gurnik, a Senior Executive Vice President & Chief Operating Officer at Hilton Grand Vacations Inc., disposed of shares of common stock to satisfy tax withholding requirements.
- A total of 2,169 shares were disposed of at a price of $40.48 per share related to the vesting of 5,511 restricted stock units.
- An additional 2,901 shares were disposed of at the same price to cover taxes on the vesting of 7,372 restricted stock units.
- Following these transactions, Gurnik directly owns 192,731 shares of Hilton Grand Vacations Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions for tax purposes.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock disposal transactions. |
| 03/10/2025 | Date of Form 4 filing. |
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