Form 4: United Parks & Resorts CEO Marc Swanson Reports Stock Transaction
SEC Form 4 Filing
CEO Marc Swanson reports disposition of shares to cover tax obligations related to vesting restricted stock.
Summary
- On May 10, 2024, Marc Swanson, CEO of United Parks & Resorts Inc., disposed of 1,582 shares of common stock to cover tax liabilities.
- The shares were withheld by the company at a price of $53.62 per share.
- Following the transaction, Swanson directly owns 168,060 shares of United Parks & Resorts Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of stock transaction (disposal of shares). |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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