Form 4: Park Hotels & Resorts EVP Jill Olander Disposes of Shares to Cover Tax Obligations
SEC Form 4
Jill Olander, EVP of Human Resources at Park Hotels & Resorts, disposed of shares to cover tax withholding obligations related to the vesting of restricted stock.
Summary
- On February 24, 2025, Jill Olander, EVP of Human Resources at Park Hotels & Resorts Inc., disposed of shares of common stock to satisfy tax withholding obligations.
- A total of 872 shares were disposed of at a price of $12.63 per share related to the vesting of 2,484 shares of restricted stock.
- An additional 1,445 shares were disposed of at the same price of $12.63 per share related to the vesting of 4,202 shares of restricted stock.
- Following these transactions, Olander beneficially owns 139,209 shares of Park Hotels & Resorts Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices and tax obligations.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of the stock disposal transactions to cover tax obligations. |
| 02/26/2025 | Date of signature for the Form 4 filing. |
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