Form 4: Hilton Grand Vacations Executive Reports Tax Withholding Transaction
SEC Form 4 Filing
Carlos Hernandez, a Senior Vice President & Chief Accounting Officer at Hilton Grand Vacations, reports a transaction involving the withholding of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- Carlos Hernandez, a Senior Vice President & Chief Accounting Officer at Hilton Grand Vacations Inc. (HGV), filed a Form 4 with the SEC on March 7, 2025.
- The report details a transaction on March 5, 2025, where 462 shares of common stock were disposed of at a price of $41.76.
- This disposal was due to the issuer withholding shares to satisfy tax withholding requirements related to the vesting of 1,172 restricted stock units.
- Following the transaction, Hernandez directly owns 15,598 shares of Hilton Grand Vacations Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors regarding stock ownership changes.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Date of the transaction involving the withholding of shares. |
| 03/07/2025 | Date the Form 4 was signed. |
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