Form 4: United Parks & Resorts Director William Gray Increases Stake with Share Grant

United Parks & Resorts Inc. Director William Gray acquired 1,505 shares of common stock through a grant, increasing his total beneficial ownership to 71,564 shares.

Summary

• William Gray, a Director of United Parks & Resorts Inc. (PRKS), acquired 1,505 shares of common stock.
• The transaction occurred on June 30, 2025.
• The shares were granted under the Issuer's 2017 Omnibus Incentive Plan and vested 100% immediately.
• The acquisition price for these shares was $0, indicating a grant rather than a cash purchase.
• Following this transaction, William Gray's total beneficial ownership in United Parks & Resorts Inc. stands at 71,564 shares of common stock.

Sentiment

Score: 7

Explanation: Director William Gray's acquisition of 1,505 shares, granted under an incentive plan and vesting immediately, indicates continued alignment with shareholder interests and confidence in the company.

Positives

• Director William Gray increased his beneficial ownership in United Parks & Resorts Inc. by acquiring 1,505 shares, signaling continued alignment with shareholder interests.
• The shares granted vested 100% immediately, providing an immediate increase in the director's direct stake in the company.

Future Outlook

The document does not provide any forward-looking statements or guidance.

Industry Context

This document reports a routine insider transaction, specifically a director's acquisition of shares, which is common practice for executive compensation and does not directly reflect broader industry trends or competitive dynamics.

Related Party Transactions

• The acquisition of 1,505 shares by Director William Gray was a grant under the Issuer's 2017 Omnibus Incentive Plan, which is a form of compensation from the company to a related party.

Stakeholder Impact

• Shareholders may view the director's increased stake positively, as it suggests greater alignment of interests between management and shareholders.

Key Dates

Keywords

United Parks & Resorts, PRKS, Form 4, insider transaction, share acquisition, director, common stock, William Gray, equity grant, incentive plan