Form 4: Park Hotels Executive Disposes Shares for Tax Withholding
Insider Transaction Report
Nancy M. Vu, EVP, General Counsel & Secretary of Park Hotels & Resorts Inc., disposed of 3,751 shares of common stock to cover tax obligations related to restricted stock vesting.
Summary
- Nancy M. Vu, Executive Vice President, General Counsel, and Secretary of Park Hotels & Resorts Inc., disposed of 3,751 shares of the company's common stock.
- The disposition was made to satisfy tax withholding obligations due upon the vesting of 8,317 shares of restricted stock previously granted to Ms. Vu.
- The shares were valued at $11.2 per share for tax withholding purposes, based on the closing price on the New York Stock Exchange on February 13, 2026.
- Following this transaction, Ms. Vu beneficially owns 211,404 shares of Park Hotels & Resorts Inc. common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a standard tax-related transaction associated with executive compensation, with no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that routine insider transactions like tax-related dispositions are common and generally do not reflect a change in company fundamentals or executive sentiment regarding future performance. They are standard events in executive compensation plans.
Related Party Transactions
- The transaction involves Nancy M. Vu, an executive, surrendering shares to Park Hotels & Resorts Inc. to cover tax obligations arising from the vesting of restricted stock, which is a standard component of executive compensation plans.
Stakeholder Impact
- Minimal direct impact on shareholders, as this is a routine compensation-related transaction for an executive.
- No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 02/13/2026 | NYSE closing price per share used to determine tax withholding related to delivered shares. |
| 02/17/2026 | Date of transaction, representing the vesting of restricted stock and delivery of shares. |
| 02/19/2026 | Date the Form 4 was signed by Nancy M. Vu. |
Keywords
Park Hotels & Resorts Inc., PK, Nancy M. Vu, Form 4, insider transaction, restricted stock, tax withholding, executive compensation, common stock
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.