Form 4: Hilton Director Elizabeth Smith Acquires Shares Through Dividend Equivalent Rights
SEC Form 4 Filing
Director Elizabeth Smith acquired 11.56 shares of Hilton Worldwide Holdings Inc. through dividend equivalent rights, while also disposing of 21,448.694 shares.
Summary
- Elizabeth Smith, a director at Hilton Worldwide Holdings Inc., acquired 11.56 shares of common stock on December 27, 2024, through dividend equivalent rights.
- These rights are connected to the company's quarterly dividend and accrued to the reporting person on deferred share units.
- Simultaneously, Ms. Smith disposed of 21,448.694 shares of common stock.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing a director's stock transactions, which is neither positive nor negative in itself.
Industry Context
This is a routine filing related to director stock transactions and is common for publicly traded companies.
Comparison to Industry Standards
- Director stock transactions are a common occurrence in publicly listed companies like Hilton.
- These transactions are typically disclosed through SEC filings such as Form 4.
- The use of dividend equivalent rights is a standard practice for compensating directors with deferred share units.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to director compensation and dividend equivalent rights.
Key Dates
| Date | Description |
|---|---|
| 12/27/2024 | Date of the stock acquisition and disposal by Elizabeth Smith. |
| 12/30/2024 | Date the Form 4 was signed by Owen L. Wilcox, Attorney-in-Fact. |
Keywords
Hilton Worldwide Holdings Inc., Elizabeth Smith, Director, SEC Form 4, Dividend Equivalent Rights, Share Acquisition, Share Disposal, Stock Transaction
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.