Form 4: United Parks & Resorts Inc. Executive Reports Tax Liability Transaction
SEC Form 4 Filing
James Clark Hughes, Chief Human Resources Officer at United Parks & Resorts Inc., reports the withholding of shares for tax liability related to vesting restricted stock.
Summary
- On March 2, 2024, James Clark Hughes, the Chief Human Resources Officer of United Parks & Resorts Inc., had shares withheld by the company to cover tax liabilities.
- This transaction involved 685 shares of common stock at a price of $53.45 per share.
- Following the transaction, Hughes directly owns 9,516 shares of United Parks & Resorts Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of withholding shares to cover tax obligations upon the vesting of restricted stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 03/02/2024 | Date of transaction where shares were withheld for tax liability. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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