Form 4: Park Hotels Exec Covers Taxes on Vested Stock

Park Hotels & Resorts EVP, Human Resources, Jill C Olander, surrendered 2,350 shares to cover tax obligations upon the vesting of 4,690 restricted stock units.

Summary

• Jill C Olander, Executive Vice President of Human Resources at Park Hotels & Resorts Inc. (PK), reported a transaction involving company common stock.
• On February 17, 2026, Olander surrendered 2,350 shares of common stock to the issuer.
• This surrender was to satisfy tax withholding obligations related to the vesting of 4,690 previously granted restricted stock units.
• The price per share used for the tax withholding calculation was $11.2, based on the NYSE closing price on February 13, 2026.
• Following this transaction, Olander beneficially owns 195,833 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, reflecting a routine administrative transaction related to executive compensation rather than a discretionary sale or purchase that would indicate a change in insider sentiment or company fundamentals.

Positives

• The vesting of 4,690 restricted stock units indicates the successful fulfillment of compensation terms for the executive.
• The transaction demonstrates the routine operation of the Park Hotels & Resorts Inc. 2017 Omnibus Incentive Plan.

Negatives

• No direct negative impacts on the company's operations or financial health are indicated by this routine insider transaction.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that the surrender of shares to cover tax withholding obligations upon the vesting of restricted stock is a common and routine event in executive compensation across various industries, particularly for publicly traded companies utilizing equity incentive plans.

Stakeholder Impact

• Shareholders: Experience a minor, routine dilution from the shares used for tax withholding, which is a standard aspect of equity compensation plans.
• Employees (specifically the executive): Benefit from the vesting of restricted stock, representing earned compensation.

Key Dates

Keywords

Park Hotels & Resorts, PK, Form 4, Insider Transaction, Restricted Stock, Executive Compensation, Tax Withholding, Jill C Olander