Form 4: United Parks & Resorts Inc. Executive James W. Forrester Jr. Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
James W. Forrester Jr., Interim CFO and Treasurer of United Parks & Resorts Inc., reports disposals of common stock to cover tax liabilities related to vesting restricted stock.
Summary
- On March 2, 2024, James W. Forrester Jr., Interim Chief Financial Officer and Treasurer of United Parks & Resorts Inc., disposed of 57 shares of common stock at $53.45 per share to cover tax obligations.
- Additionally, on the same day, Forrester disposed of 328 shares of common stock, also at $53.45 per share, for the same purpose.
- Following these transactions, Forrester directly owns 5,200 shares of United Parks & Resorts Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes and doesn't indicate any significant positive or negative developments for the company.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes associated with vesting restricted stock or option exercises.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of stock disposal transactions. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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