Form 4: United Parks & Resorts Officer Acquires and Disposes of Common Stock

Byron Surrett, Chief Park Operations Officer at United Parks & Resorts, reports acquiring and disposing of common stock and restricted stock units.

Summary

• Byron Surrett, Chief Park Operations Officer Non-Florida Parks at United Parks & Resorts Inc. [PRKS], filed a Form 4.
• The report details changes in beneficial ownership.
• On May 14, 2025, Surrett acquired 4,950 shares of common stock at $0 and disposed of 20,021 shares.
• These transactions involved restricted stock units issued under the company's 2017 Omnibus Incentive Plan.
• The restricted stock units fully vest on December 31, 2025.
• Surrett is required to maintain ownership of at least 50% of the net shares received upon vesting for a specified period after the vesting date or termination of employment.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company officer, indicating neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates

Keywords

Form 4, beneficial ownership, restricted stock units, United Parks & Resorts, PRKS, Surrett, Chief Park Operations Officer, stock acquisition, stock disposal