Form 4: Hilton Worldwide Holdings Inc.: Executive Duffy Michael W Reports Tax Liability Stock Transaction
SEC Form 4 Filing
Michael W. Duffy, a Senior Vice President at Hilton Worldwide Holdings Inc., reports a transaction involving the withholding of shares for tax liability related to vesting of stock units.
Summary
- On March 3, 2024, Michael W. Duffy, a Senior Vice President at Hilton Worldwide Holdings Inc., had 2,748 shares of common stock withheld by the company.
- The shares were withheld for the payment of tax liability related to the vesting of restricted stock units and performance share units.
- The price per share was $204.88.
- Following the transaction, Duffy beneficially owns 22,833 shares of Hilton Worldwide Holdings Inc.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neutral to slightly positive as it indicates the vesting of stock units. There is nothing to suggest a negative outlook.
Industry Context
This is a routine Form 4 filing, reflecting standard executive compensation practices related to stock-based compensation and tax obligations.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Date of transaction: Shares withheld for tax liability. |
| 03/04/2024 | Date of signature by Attorney-in-Fact. |
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