SCHEDULE: GoldenTree Discloses 5.0% Stake in United Parks & Resorts

GoldenTree Asset Management and Steven A. Tananbaum have disclosed a combined 5.0% beneficial ownership stake in United Parks & Resorts Inc. common stock.

Summary

• GoldenTree Asset Management LP, GoldenTree Asset Management LLC, and Steven A. Tananbaum have filed a Schedule 13G, reporting beneficial ownership in United Parks & Resorts Inc.
• Steven A. Tananbaum beneficially owns 2,744,110 shares, representing 5.0% of the common stock.
• GoldenTree Asset Management LP and GoldenTree Asset Management LLC each beneficially own 2,676,437 shares, representing 4.9% of the common stock.
• The ownership is primarily through managed accounts for which GoldenTree Asset Management LP serves as investment manager.
• The filing states that the securities were not acquired for the purpose of changing or influencing control of the issuer.
• The total shares outstanding for United Parks & Resorts Inc. were 54,550,611 as of October 31, 2025.

Sentiment

Score: 6

Explanation: The filing discloses a significant beneficial ownership stake by GoldenTree Asset Management and Steven A. Tananbaum in United Parks & Resorts Inc., indicating an institutional investment in the company. This is generally viewed as a neutral to slightly positive signal, as it represents a vote of confidence from a sophisticated investor, but it does not contain operational or financial performance data.

Positives

• A significant institutional investor, GoldenTree Asset Management, has taken a substantial position in United Parks & Resorts Inc., potentially signaling confidence in the company's future.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• To the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.

Industry Context

This filing indicates a significant investment by GoldenTree Asset Management in the leisure and entertainment sector, specifically in a company operating theme parks and resorts. Such investments reflect an institutional view on the potential growth or value in the travel and tourism industry.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake (5.0%) by GoldenTree Asset Management and Steven A. Tananbaum could be perceived positively, potentially increasing investor confidence and liquidity.
• Management: Awareness of a significant institutional holder may influence management's strategic decisions and communication.

Key Dates

Keywords

United Parks & Resorts Inc., GoldenTree Asset Management, Steven A. Tananbaum, Beneficial Ownership, Schedule 13G, Institutional Investment, Common Stock, Theme Parks, Resorts