Form 4: Hilton Worldwide Holdings Inc.: Executive Kevin J. Jacobs Reports Changes in Beneficial Ownership

Kevin J. Jacobs, Chief Financial Officer and President, Global Development at Hilton Worldwide Holdings Inc., reports changes in beneficial ownership of common stock due to tax liability related to vesting of restricted stock units and performance share units.

Summary

• On March 3, 2025, Kevin J. Jacobs, a key executive at Hilton Worldwide Holdings Inc., reported changes in his beneficial ownership of the company's common stock.
• The changes are due to the withholding of 18,422 shares by the company to cover tax liabilities associated with the vesting of restricted stock units and performance share units.
• Following the transaction, Jacobs directly owns 191,960 shares of Hilton common stock.
• Jacobs also indirectly owns 99,134 shares through a GRAT and 35,863 shares through a family trust where his spouse is the trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and doesn't inherently convey positive or negative sentiment. It simply reports a transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the executive's stock ownership and any changes due to vesting or other transactions.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of executive stock ownership.

Key Dates