Form 4: Hilton Executive Michael Duffy Exercises Stock Options and Sells Shares
SEC Form 4 Filing
Hilton Worldwide Holdings executive Michael Duffy exercised stock options and sold 23,366 shares of common stock on December 16, 2024.
Summary
- Michael Duffy, a Senior Vice President at Hilton Worldwide Holdings, exercised a series of employee stock options on December 16, 2024.
- These options were exercised at prices ranging from $79.35 to $150.67 per share.
- Following the exercise of these options, Duffy sold 23,366 shares of Hilton common stock at a price of $251.66 per share.
- The transactions resulted in a change in Duffy's beneficial ownership of Hilton stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and stock option exercises, which is common in publicly traded companies.
Comparison to Industry Standards
- Executive stock option exercises and sales are a standard practice in publicly listed companies like Hilton.
- The vesting schedules and exercise prices are typical for executive compensation packages.
- Similar transactions are regularly reported by executives at comparable companies such as Marriott International (MAR) and Hyatt Hotels Corporation (H).
Stakeholder Impact
- The transactions may have a minor impact on the overall share supply, but are unlikely to significantly affect shareholders.
- The transactions are part of the executive compensation plan and do not directly impact employees, customers, or suppliers.
Key Dates
| Date | Description |
|---|---|
| 12/16/2024 | Date of stock option exercises and share sale. |
| 12/17/2024 | Date of filing the SEC Form 4. |
| 03/01/2028 | Expiration date of some of the exercised options. |
| 02/28/2029 | Expiration date of some of the exercised options. |
| 03/03/2030 | Expiration date of some of the exercised options. |
| 03/03/2031 | Expiration date of some of the exercised options. |
| 02/25/2032 | Expiration date of some of the exercised options. |
| 03/02/2033 | Expiration date of some of the exercised options. |
Keywords
stock options, insider trading, executive compensation, share sale, Hilton Worldwide Holdings, HLT, Michael Duffy
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