Form 4: United Parks & Resorts Inc. Executive James W. Forrester Jr. Reports Stock Transaction
SEC Form 4 Filing
James W. Forrester Jr., Interim Chief Financial Officer and Treasurer of United Parks & Resorts Inc., reports the disposal of 103 shares of common stock to cover tax obligations.
Summary
- On March 15, 2024, James W. Forrester Jr., Interim Chief Financial Officer and Treasurer of United Parks & Resorts Inc., disposed of 103 shares of common stock.
- The transaction was executed to cover tax liabilities associated with the vesting of restricted stock.
- The shares were sold at a price of $51.34 per share.
- Following the transaction, Forrester directly owns 10,922 shares of United Parks & Resorts Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an executive's stock transaction for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transaction (disposal of shares) |
| 03/19/2024 | Date of signature on the Form 4 filing |
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