Form 4: Hilton Director Jonathan Gray Acquires Shares Through Dividend Equivalent Rights
SEC Form 4 Filing
Jonathan Gray, a director at Hilton Worldwide Holdings Inc., acquired 4,491 shares of common stock through dividend equivalent rights.
Summary
- Jonathan Gray, a director at Hilton Worldwide Holdings Inc., acquired 4,491 shares of common stock on December 27, 2024.
- The acquisition was a result of dividend equivalent rights accrued on deferred share units.
- The price per share was $0, as the shares were acquired through dividend equivalents.
- Following the transaction, Mr. Gray beneficially owns 7,492,534 shares of Hilton common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction, which is generally neutral to positive as it shows director's continued investment in the company.
Positives
- The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine filing related to a director's share ownership and is not indicative of any broader industry trends.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders and are common across all publicly traded companies.
- The acquisition of shares through dividend equivalent rights is a typical mechanism for compensating directors and executives.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows a director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 12/27/2024 | Date of the transaction where Jonathan Gray acquired shares through dividend equivalent rights. |
| 12/30/2024 | Date the Form 4 was signed by Owen L. Wilcox, Attorney-in-Fact. |
Keywords
Hilton, Director, Jonathan Gray, Dividend Equivalent Rights, Share Acquisition, Form 4, Beneficial Ownership
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