Form 4: United Parks & Resorts Officer Reports Stock Transactions
SEC Form 4 Filing
Byron Surrett, Chief Park Operations Officer at United Parks & Resorts, reports acquisition and disposal of company stock related to a performance-based restricted stock unit award and tax obligations.
Summary
- On April 23, 2024, Byron Surrett, Chief Park Operations Officer at United Parks & Resorts Inc., acquired 235 shares of common stock upon settlement of a performance-based restricted stock unit award related to the 2023 Bonus Incentive Plan.
- On the same day, 58 shares were withheld by the company for the payment of tax liability incident to the vesting of shares of restricted stock at a price of $52.89.
- Following these transactions, Surrett beneficially owns 15,483 shares of United Parks & Resorts Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Acquisition of 235 shares of common stock upon settlement of performance-based restricted stock unit award. |
| 04/23/2024 | Withholding of 58 shares for payment of tax liability at $52.89 per share. |
| 04/25/2024 | Date of signature by Jeffrey Schwartz, Power of Attorney. |
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