Form 4: Hilton Grand Vacations Inc. Executive Reports Stock Transaction
SEC Form 4 Filing
Gordon Gurnik, a Senior Executive Vice President & Chief Operating Officer at Hilton Grand Vacations Inc., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 22, 2024, Gordon Gurnik, a Senior Executive Vice President & Chief Operating Officer at Hilton Grand Vacations Inc. (HGV), had 3,094 shares of common stock withheld by the issuer to satisfy tax withholding requirements.
- This transaction was related to the vesting of 7,861 restricted stock units.
- Following the transaction, Gurnik directly owns 170,402 shares of HGV common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative 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 is a standard procedure related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock transaction (tax withholding). |
| 03/25/2024 | Date of signature on the Form 4 filing. |
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