Form 4: Hilton Worldwide Holdings Inc.: Christopher J. Nassetta Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher J. Nassetta, Director and Officer of Hilton Worldwide Holdings Inc., reports a transaction involving common stock related to tax liability and a transfer to a revocable trust.
Summary
- On March 3, 2025, Christopher J. Nassetta, a Director and Officer of Hilton Worldwide Holdings Inc., filed a Form 4 to report changes in beneficial ownership.
- 56,721 shares of common stock were disposed of to cover tax liabilities related to the vesting of restricted stock units and performance share units at a price of $263.58 per share.
- Nassetta directly owns 105,112 shares of common stock following the transaction.
- He indirectly owns 801,716 shares through Harwood Road LLC and 2,645,561 shares through a revocable trust.
- Shares previously reported as directly owned were transferred to a revocable trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of the reported transaction (disposal of shares for tax liability and transfer to revocable trust). |
| 03/05/2025 | Date of signature by Attorney-in-Fact, Owen L. Wilcox. |
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.